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Exercise 12-13 (Algo) Indirect: Preparing statement of cash flows LO P2, P3 Additional Information on Current-Year Transactions a. No dividends are declared or paid. b. Issued additional stock for $8,300 cash. c. Purchased equipment for cash; no equipment was sold. 1. Use the above information to prepare a statement of cash flows for the current year using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) Exercise 12-13 (Algo) Indirect: Preparing statement of cash flows LO P2, P3 Additional Information on Current-Year Transactions a. No dividends are declared or paid. b. Issued additional stock for $8,300 cash. c. Purchased equipment for cash; no equipment was sold. 1. Use the above information to prepare a statement of cash flows for the current year using the indirect method. (Amounts to be deducted should be indicated by a minus sign.)