prepare a statement of cash flows using the indirect method

CALCULATOR PRINTER VE Exercise 12-5 The following information is available for Bridgeport Corp. for the year ended December 31, 2017. Beginning cash balance Accounts payable decrease Depreciation expense Accounts receivable increase Inventory increase Net income Cash received for sale of land at book value Cash dividends paid Income taxes payable increase Cash used to purchase building Cash used to purchase treasury stock Cash received from issuing bonds $48,690 4,003 175,284 8,872 11,902 307,396 37,870 12,984 5,085 312,698 28,132 216,400 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a -sign e.g.-15,000 or in parenthesis e.g. (15