Hello Ujain, I need your help with the attached.

Problem 235 You have completed the field work in connection with your audit of Alexander Corporation for the year ended December 31, 2012. The balance sheet accounts at the beginning and end of the year are shown below. Dec. 31, 2012 Cash Dec. 31, 2011 Increase or (Decrease) $350,154 $375,480 ($25,326 ) Accounts receivable 591,474 444,780 146,694 Inventory 934,542 768,600 165,942 15,120 10,080 5,040 139,230 0 139,230 2,903 2,268 635 Machinery 260,820 239,400 21,420 Buildings Prepaid expenses Investment in subsidiary Cash surrender value of life insurance 674,352 513,954 160,398 Land 66,150 66,150 0 Patents 86,940 80,640 6,300 Copyrights 50,400 63,000 (12,600 ) Bond discount and issue cost 5,673 0 5,673 $3,177,758 $2,564,352 $613,406 Accrued taxes payable $113,715 $100,296 $13,419 Accounts payable 377,093 352,800 24,293 Dividends payable 88,200 0 88,200 Bonds payable8% 157,500 0 0 126,000 Bonds payable12% Allowance for doubtful accounts 157,500 (126,000 ) 44,478 50,400 Accumulated depreciationbuildings 534,240 504,000 30,240 Accumulated depreciationmachinery 217,980 163,800 54,180 Premium on bonds payable (5,922 ) 0 Paidin capital in excess of parcommon stock Retained earningsunappropriated 3,024 (3,024 ) 1,482,012 Common stockno par 1,831,032 (349,020 ) 137,340 0 25,200 (567,000 ) $3,177,758 $2,564,352 137,340 592,200 $613,406 STATEMENT OF RETAINED EARNINGS FOR THE YEAR ENDED DECEMBER 31, 2012 January March April 1, 2012 31, 2012 1, 2012 Balance (deficit) Net income for first quarter of 2012 Transfer from paidin capital Balance December 31, 2012 $(567,000 ) 31,500 535,500 0 Net income for last three quarters of 2012 113,400 Dividend declaredpayable January 21, 2013 (88,200 ) Balance $25,200 Your working papers from the audit contain the following information: 1. 2. 3. 4. 5. 6. 7. 8. 9. On April 1, 2012, the existing deficit was written off against paidin capital created by reducing the stated value of the nopar stock. On November 1, 2012, 37,296 shares of nopar stock were sold for $323,820. The board of directors voted to regard $5 per share as stated capital. A patent was purchased for $18,900. During the year, machinery that had a cost basis of $20,664 and on which there was accumulated depreciation of $6,552 was sold for $11,340. No other plant assets were sold during the year. The 12%, 20year bonds were dated and issued on January 2, 2000. Interest was payable on June 30 and December 31. They were sold originally at 106. These bonds were retired at 100.9 plus accrued interest on March 31, 2012. The 8%, 40year bonds were dated January 1, 2012, and were sold on March 31 at 97 plus accrued interest. Interest is payable semiannually on June 30 and December 31. Expense of issuance was $1,057. Alexander Corporation acquired 70% control in Crimson Company on January 2, 2012, for $126,000. The income statement of Crimson Company for 2012 shows a net income of $18,900. Extraordinary repairs to buildings of $9,072 were charged to Accumulated DepreciationBuildings. Interest paid in 2012 was $13,230 and income taxes paid were $42,840. From the information given, prepare a statement of cash flows using the indirect method. A worksheet is not necessary, but the principal computations should be supported by schedules or general ledger accounts. The company uses straightline amortization for bond interest. (Round answers to 0 decimal places, e.g. 2,500. If an amount reduces the account balance then enter with negative sign.) ALEXANDER CORPORATION Statement of Cash Flows For the Year Ended December 31, 2012 (Indirect Method) $ Adjustments to reconcile net income to $ $ Supplemental disclosures of cash flow information: $ $ $