what is the answer of this question

edugen.wileyplus.com C + WileyPLUS: MyWileyPLUS | Help | Contact Us | Log Ou WileyPLUS Weygandt, Financial Accounting: IFRS, 3e INTRO FINANCIAL ACCOUNTING IFRS (-) CALCULATOR STANDARD VIEW PRINTER VERSION 1 BACK NEXT ASSIGNMENT RESOURCES CH13 HW Problem 13-9A Problem 13-9A Condensed financial data of Martinez SA follow. Multiple Choice Question 104 MARTINEZ SA Multiple Choice Comparative Statements of Financial Position Question 10 December 31 Multiple Choice Assets 2017 2016 Question 107 Equipment E265,590 E241,470 Multiple Choice Question 108 Accumulated depreciation-equipment 46,440 ) (52,070 ) Long-term investments 140,510 114,940 Review Score Prepaid expenses 29,160 25,930 Review Results by Study Inventory 112,980 102,790 Objective Accounts receivable 92,080 33,490 Cash 104,600 48,540 Total E698,480 E515,090 Equity and Liabilities Share capital-ordinary $220,270 E174,230 Retained earnings 235,510 106,640 Bonds payable 15,160 149,790 Accounts payable 11,220 57,080 Accrued expenses payable 16,320 17,350 Total E698,480 6515,090 MARTINEZ SA Income Statement For the Year Ended December 31, 2017 Sales revenue E392,780 Gain on disposal of plant assets 6,660 E399,440 Less: Cost of goods sold 134,770 Operating expenses, excluding depreciation 11,370 Depreciation expense 44,770 Income tax expense 26,33 Interest expense 4,780 222,020 Net income E177,420 Additional information: 1. New equipment costing E80,560 was purchased for cash during the year. 2. Old equipment having an original cost of E56,440 and accumulated depreciation of 50,400 was sold for E12,700 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of E48,550 was declared and paid during the year. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) MARTINEZ SA Statement of Cash Flows edugen.wileyplus.com C + WileyPLUS: MyWileyPLUS | Help | Contact Us | Log Ou WileyPLUS Weygandt, Financial Accounting: IFRS, 3e INTRO FINANCIAL ACCOUNTING IFRS (-) CALCULATOR STANDARD VIEW PRINTER VERSION 1 BACK NEXT ASSIGNMENT RESOURCES CH13 HW Problem 13-9A Multiple Choice Question 104 Multiple Choice E Question 106 Adjustments to reconcile net income to Multiple Choice Question 107 E Multiple Choice Question 108 E Review Score Review Results by Study Objective