Part VI
Prepare a Cash Flow Statement using the Indirect Method.
DO NOT use the DIRECT Method
Not all accounts listed may be used in this example
Net income			$60,000,000.00
Cash December 31, 2021			$75,000,000.00
Cash December 31 2022			???????
Depreciation Expense			$2,000,000.00
Increase in inventory			$1,500,000.00
Decrease in accounts payable			$3,200,000.00
Increase in Prepaid insurance			$1,100,000.00
Purchased stock			$3,000,000.00
Purchased land			$4,000,000.00
Paid mortgage			$5,000,000.00
Paid car loan			$6,000,000.00
Increase in wages payable			$1,300,000.00
Patient Receivable			$25,000,000.00