Cash Flow Statement

ConRad calendar year$-$end $2023$ and $2022$ balance sheets showed the following items:

$2023$

$2022$

Cash

$$27,000$

$$21,000$

Accounts Receivable

$$43,000$

$49,000$

Inventory

$$113,000$

$97,000$

Equipment

$96,000$

$81,000$

Accumulated Depreciation

$25,000$

$16,000$

Common Shares

$135,000$

$135,000$

Retained Earnings

$119,000$

$97,000$

Additional information about the corporation's activities during $2023$ follows:

All merchandise purchases were for cash

All equipment acquisitions were for cash

Total Depreciation Expense $$9000$

Net Income for $2023$ $$40,000$

The company declared $$20,000$ of cash dividends and paid $$18,000.$

Prepare a statement of cash flows for $2023$ using the indirect method of calculating the net cash provided$/$used$.$ Include all activities; adjustments and correct terminology for each item $($list all inflow$/$outflow activities$).$

Statement of Cash flow

XX

XXXXXXXX

Cash flows from operating activities:

Net cash inflow$/$outflow from operating activities

Cash flows from investing activities:

Net cash inflow$/$outflow from investing activities

Cash flows from financing activities:

Net cash inflow$/$outflow from financing activities

Net increase$/$decrease in cash

Cash balance at beginning of year

Cash balance at end of year$\backslash$table$[[,2023,2022],[$Cash$,$$$27,000,$$$21,000$