method 12-4A. Statement of Cash Flows (Indirect Method) Use the following information regarding the Lund LO2, 3 0 Corporation to (a) prepare a statement of cash flows using the indirect method and (b) compute Lund's operating-cash-flow-to-current-liabilities ratio. MBC 11,000 4,000 Accounts receivable increase . . . . 7,000 22,000 Cash paid as dividends. :. 31,000 90,000 Cash paid to retire bonds payable at par.. . . Cash received from issuance of common stock.............. Cash received from sale of equipment Depreciation expense.. .. 29,000 ...5,000 ...13,000 ....78,000 ..3,000 Inventory decrease