please prepare statement of cash flows using indirect method

Condensed financial data (ur Metropolitan Industries Comparative Balance Sheet December 31 2019 2018 $ 35,000 53,000 132,000 25,000 75,000 250,000 (60,000) $510.000 Assets Cash $ 41,000 Accounts receivable 75,000 Inventories 120,000 Prepaid expenses 19,000 Investments 100,000 Plant assets 325,000 Accumulated depreciation _(65,000) Total $615.000 Liabilities and Stockholders' Equity Accounts payable $ 93,000 Accrued expenses payable 29,000 Bonds payable 120,000 Common stock 275,000 Retained earnings 98.000 Total $615.000 Additional information: 1. New plant assets costing $100,000 were purchased for cash in 2019. 2. Old plant assets originally costing $25,000 were sold for $10,000 cash when the book value of the plant assets was $13,000. Loss on sale, $3,000. 3 Bonds with a face value of $40,000 were converted into $40,000 of common stock. Cash was not involved in the reduction of the bonds payable account 4 A cash dividend of $15,000 was declared and paid during the year. 5 Net income in $32,000 6. Depreciation expense is $17,000 Instructions Prepare Metropolitan's statement of cash flows for the year onded 2018 using the Indirect method. $ 75,000 24,000 160,000 170,000 81.000 $510,000