Homework Assignment 2: Chapter 23: Statement of Cash Flows Data presented below are from the records of Antonio Brasileiro SA December 31, 2019 December 31, 2018 Plant assets RS335,000 RS215,000 Long-term investments 10,000 53,000 Current assets other than cash 85,000 60,000 Cash 15,000 8,000 R$445,000 R$336,000 Retained earnings RS 56,000 RS 20,000 Ordinary shares 254,000 254.000 Bonds payable 75,000 Current liabilities 40,000 22,000 Accumulated depreciation 20,000 40,000 RS445,000 R$336,000 Additional information: 1. In 2019, the company sold for R$34,000 held-for-collection and selling debt investments carried at a cost of R$43,000 on December 31, 2019. No unrealized gains or losses were recorded on this investment in 2019. 2. In 2019, the company sold for R$8,000 plant assets that cost R$50,000 and were 80% depreciated. The loss was incorrectly charged directly to Retained Earnings. 3. Net income as reported on the income statement for the year was R$48,000. 4. The company paid dividends totaling R$10,000. 5. Depreciation charged for the year was R$20,000. Instructions Prepare a statement of cash flows for the year 2019 using the indirect method