Werner Co's statement of financial position accounts as of December 31, 2023 and 2022 and information relating to 2023 activities are presented below. December 31 2023 2022 Assets Cash $440,000 $160,000 Short-term investments 800,000 Accounts receivable (net) 1,050,000 1,140,000 Inventory 1,130,000 1,000,000 Long-term investments 400,000 600,000 Plant assets 3,100,000 2,000,000 Accumulated depreciation (700,000) (900,000) Patent 280,000 300,000 Total assets $6,500,000 $4,300,000 Liabilities and Equity Accounts payable $1,460,000 $1,190,000 Other accrued liabilities 200,000 250,000 Notes payable (nontrade) 560,000 Common Stock-$10 par 1,600,000 1,400,000 Additional paid-in capital 800,000 1,880,000 500,000 960.000 $6,500,000 $4,300,000 Retained earnings Total liabilities and equity Information relating to 2023 activities: Net income for 2023 was $1,220,000. Equipment costing $1,000,000 and having a carrying amount of $320,000 was sold in 2023 for $360,000. New plant assets were acquired with cash in 2023. A long-term investment was sold in 2023 for $345,000. There were no other transactions affecting long- term investments in 2023. 20,000 ordinary shares were issued in 2023 for $25 a share. Short-term investments consist of treasury bills maturing on 9/30/2024. a. Prepare a Cash Flow Statement in good form using the indirect method. Include all 3 sections and a reconciliation of ending cash with beginning cash.