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Question 6 View Policies Current Attempt in Progress The following information is available for Stamos Corporation for the year ended December 31, 2017 Beginning cash balance Accounts payable decrease Depreciation expense Accounts receivable increase $ 45,000 3,700 162,000 8,200 Inventory increase 11,000 Net income 284,100 Cash received for sale of land at book value 35,000 Cash dividends paid 12,000 Income taxes payable increase 4,700 Cash used to purchase building Cash used to purchase treasury stock Cash received from issuing bonds 289,000 26,000 200,000 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow (15,000)) with either a-sign es Stamos Corporation Statement of Cash Flows-Indirect Method OE e J Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign eg-15,000 or in parenthesis e.g (15,000)) Stamos Corporation Statement of Cash Flows-Indirect Method $ Adjustments to reconcile net income to $ 141 PM 12/1/2019 search hp Exercise 5.3.2: CNF New Tab $ a P Type here to search