The three accounts shown below appear in the general ledger of Chaudry NV during 2017.

Instructions
From the postings in the accounts, indicate how the information is reported on a statement of cash flows using the indirect method. The loss on disposal of plant assets was ‚¬5,000.

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Equipment Date Debit Credit Balance 160,000 230,000 283,000 234,000 Balance Jan. 1 July 3 Phase of equipment Sept. 2 Cost of equipment constructed Nov. 70,000 53,000 49,000 10 Cost of equipment sold Accumulated Depreciation-Equipment Debit Date Jan. 1 Nov. 10Accumulated depreciation on Credit Balance 71,000 Balance 43,000 66,0 equipment sold 28,000 Dec. 3 Depreciation for year 23,000 Retained Earnings Debit IDaie Jan. 1 Aug. 23 idends (cash) ep Credit Balance Balance 105,000 88,000 155,000 17,000 Dec. 31 Net income 67,000