Question: Please help creating a statement of Cash flow for these transactions using the indirect method. Net Income $300,000 Depreciation Expense 50,000 Gain on Sale of
Please help creating a statement of Cash flow for these transactions using the indirect method.

Net Income $300,000 Depreciation Expense 50,000 Gain on Sale of Plant Assets 5,000 Accounts Payable decrease by 4,000 Purchase of land 250,000 Sale of Equipment 105,000 Additional Information: Beginning Cash Balance: $50,000 Ending Cash Balance: $216,000 Equipment was sold for 105,000 in cash. Land was paid for in cash. Common Stock exchanged for outstanding Long Term Notes Payable of $125,000 Dividends paid were $30,000
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