V nchars Jethro Maribao has a service business under the name of AdMar Company. Below is the trial balance of AdMar Company:

AdMar Company

Trial Balance

December $31,2023$

Account Titles

Debit

Credit

Cash

P $,419,000\mathrm{.}00$

Accounts Receivable

Supplies

$104,000\mathrm{.}00$

Prepaid Rent

$4,000\mathrm{.}00$

$27,000\mathrm{.}00$

Land $,800,000\mathrm{.}00$

Building $,500,000\mathrm{.}00$

Total

P$2,199,000\mathrm{.}00$ P $2,199,000\mathrm{.}00$

Additonal Information:

Winchars had an additional cash investment of P$300,000$ which has not been recorded and has cash beginning balance of $360,500.$

The prepaid rent and accounts receivable beginning balance in the year $2023$ were $25,000$ and $100,000$ respectively. Supplies decreases to $80\%.$

Accounts Payable increases by $30\%$ and Unearned Revenue decreases by $10\%$ during the year.

Additional Land was purchased on cash during the year, $500,000.$

Requirements: Prepare the statement of cash flows $($using the indirect method$)$