Version D. Problem III (26 pts) The balance sheets for Kinder Company showed the following information. Additional information concerning transactions and events during 2021 are presented below. Kinder Company Balance Sheet Cash: Accounts receivable (net) Inventory Long-term investments Property, plant & equipment Accumulated depreciation Accounts payable Accrued liabilities Long-term notes payable Common stock Retained carnings Additional data: 1. Net income for the year 2021, $64,000. 2. Depreciation on plant assets for the year, $14,200. December 31 2021 $ 30,600 2020 $ 10,500 45.200 20,800 36,000 41,500 0 16,000 236.500 150,000 (38.200) $310.100 (24,000) $214,800 $ 27,000 21,600 16,000 70,000 50,000 130,000 90,000 70,000 31,800 $310,100 $214,800 $ 18,500 3. Sold the long-term investments for $35,000 (assume gain or loss is ordinary). 4. Paid dividends of $25,800. 5. Purchased machinery costing $26,500, paid cash. 6. Purchased machinery and gave a $60,000 long-term note payable. 7. Paid a $40,000 long-term note payable by issuing common stock. Instructions Using the format provided on the next page, prepare a statement of cash flows (using the indirect method) for 2021 for Kinder Company.