Use the Income statement and balance sheet to prepare a statement of cash flows using the Indirect method Prepare a statement of cash flows using the indirect method-Excel FILE HOME INSERT PAGE LAYOUT Calibri 11 Paste BZU- Clipboard Font FORMULAS DATA REVIEW VIEW Alignment Number Conditional Format as Cell Cells Formatting-Table-Styles- Styles Sign In A1 A Note: To complete the assignment, go to the worksheet tab labeled Cash Flow B C 1 Note: To complete the assignment, go to the worksheet tab labeled Cash Flow 2 and complete the statement of cash flows. 3 Note: Additional information is included at the bottom of the statement. 4 INNOVATION ELECTRONICS, INC. D F G 5 6 7 8 Assets 9 Current assets: 10 Cash 11 Accounts receivable 12 Inventory 13 Prepaid insurance 14 Long-term assets: 15 Investments 16 Land 17 Equipment 18 Accumulated depreciation 19 20 Total assets 21 22 Balance Sheet Al December 31 20x2 20X1 23 Liabilities and Stockholders' Equity $ 184,420 $ 25,740 68,700 83,000 134,500 128,000 2,980 4,560 211,000 120,000 208,500 255,000 203,000 203,000 (117,500) (101,500) 5 895,600 5 717,800 24 Current liabilities: 25 Accounts payable S Income Statement Balance Sheet 26,500 $ Cash Flow 81,000 READY Attempt(o) A 100%