The financial statements of Perkins Realty are shown below.

Required
Prepare a statement of cash flows for 2013 using the indirect method of presenting cash flows from operatingactivities.

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Perkins Realty Income Statement For Year Ended December 31, 2013 Revenue: Income ftrom Services $96.107 Expenses: Commissions Expense Advertising Expense Repairs Expense Rent Expense Telephone xpense $27864 7580 1,688 4,860 1,242 3,078 1.647 554 2,201 Depreciation Expense, Oice Equipment Insurance Expense Utilities Expense Total Expenses 50,694 $45.413 Net Income Perkins Realty Statement of Owner's Equity For Year Ended December 31, 2013 F.N. Perkins, Capital, January 1. 2013 Investments during the Year Net Income Subtotal Less Withdrawals Increase in Capital FN Perkins, Capital, December 31, 2013 30,915 0 45,413 $45,413 40,500 4.913 $35,828 Perkins Realty Comparative Balance Sheet December 31, 2013 and December 31, 2012 ncrease or 2012(Decrease) 2013 Assets Cash Prepaid Rent Prepaid Insurance Automobile $25,792 1215 837 15,390 17,673 405 1.013 15,390 $ 8.119 810 (176) Less Aocumulated Depreciation (615) (3,078) (3,078) Office Equipment 8,235 (4.942) $38.724$34,6964,028 8235 Less Accumulated Depreciation (1.647) Total Assets Liabilities Accounts Payable 2,896 3,781 (885) owner's Equity EN. Perkins, Capital Total Liabilites and owner's Equity 30,915 $38,724$34,696$4,028 35,828 4,913