$16$

Required information

Exercise $16-12($Algo$)$ Indirect: Preparing statement of cash flows LO P$2,$ P$3,$ A$1$

$[$The following information applies to the questions displayed below.$]$

The following financial statements and additional information are reported.

$\backslash$table$[[$IKIBAN INCORPORATED$],[$At June $30,$Comparative Balance,$],[$Assets$,,],[$Cash$,$$$98,500,$$$59,000$

$\backslash$table$[[$masces$,$$$98,500,$$$59,000$