Refer to the information for Rosie-Lee Company below. Additional transactions

Refer to the information for Rosie-Lee Company below. Additional transactions were as follows:
a. Sold equipment costing $21,600 with accumulated depreciation of $16,200 for $3,600.
b. Issued bonds for $90,000 on December 31.
c. Paid cash dividends of $36,000.
d. Retired mortgage of $108,000 on December 31.
Information for Rosie-Lee Company
Refer to the information for Rosie-Lee Company below. Additional transactions

Required:
1. Prepare a schedule of operating cash flows using (a) the indirect method and (b) the direct method.
2. Prepare a statement of cash flows using the indirect method.

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