Question: The following information is related to Alpha Company's fiscal year 2017. Income Statement: Net Income Depreciation Expense Gain on Sale of Plant Assets Interest

The following information is related to Alpha Company's fiscal year 2017. Income 

The following information is related to Alpha Company's fiscal year 2017. Income Statement: Net Income Depreciation Expense Gain on Sale of Plant Assets Interest Expense Balance Sheet - 12/31/17: Increase (Decrease) Accounts Payable Plant Assets Purchased Plant Assets Disposals $300,000 50,000 5,000 500 Additional Information: ($4,000) 250,000 (100,000) Cash Balance - 12/31/2016: $50,000 Common Stock exchanged for outstanding Long Term Notes Payable of $125,000 Dividends paid were $30,000 Use this information to prepare the Statement of Cash Flows for Alpha Company using the indirect method.

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