Question: How to solve Presented below are the comparative December 31 financial statements for Wu Industries, Inc. Prepare a statement of cash flows for December 31,

How to solve Presented below are the comparative December 31 financial statements for Wu Industries, Inc. Prepare a statement of cash flows for December 31, Year 2 using the indirect method.Wu Industries, IncBalance Sheets\table[[escruled Lemon sratizanuosts,Year 2,Year. 1],[Cash,$96,719,$28,694],[Accounts Receivable,100,000,85,313],[Inventory,206.250,181,250],[Prepaid Insurance,1,875,2,500],[Land, Buildings, and Equipment,1,562,500,1,406,250],[Accumulated Depreciation,(762,500),(715,000)

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