Instructions: With the information provided, Prepare the cash flow statement using the indirect method. I need help with this, please and thank you.

LOUIS ZIMMER COMPANY Comparative Balance Sheet December 31 Assets M M Current Assets Cash m $ 13,000 Accounts Receivable 28,000 14,000 Merchandise Inventory 25,000 35,000 Total Current Assets M $ 62,000 Property, Plant and Equipment 60,000 78,000 Less Accumulated Depreciation (22,000) (24,000) Total M A Liabilities and Stockholder's Equity Current Liabilities Accounts Payable m $ 23,000 Income Tax Payable 5,000 8 000 Total Current Liabilities m $ 31,000 Long Term Liabilities Bonds Payable 27,000 35,000 Stockholder's Equity and Retained Earnings Common Stock $ 18,000 M Retained Earnings 45,000 36,000 Total Stockholder's Equity and Retained Earnings M $ 50,000 Total Liabilities and Stockholder's Equity M M LOUIS ZIMMER COMPANY Income Statement For the year ended December 31, 2022 Sales m Less Sales Return and Allowance =L 5,000! Net Sales $_ZZQ.Q0.0. Cost of Goods Sold (180,000) Gross Prot 40,000 Selling and Administrative Expenses Selling Expenses m Administrative Expenses 8,000 [22,0001 Income ELQIII Operations 18,000 Other expenses and Losses Interest Expense I 1,0001 Income Before Income Taxes $ 17,000 Income Tax Expense [4,0001 Net Income M The following additional data where provided: 1) During the year a dividend of $ 4,000 was declared and paid. 2) During the year a team was sold for $ 8,500. This equipment cost $ 18,000 and had a book value at the date of sale of $ 8,500. 3) The depreciation expense is in the category of Selling Expenses, 4) All sales and purchases are on credit. A) Prepare the cash flow statement using the indirect method