Prepare a statement of cash flows using the indirect method. The income statement for $2023$ and the balance sheets for $2023$ and $2022$ are presented for Harper $$Industries$,$ Inc.

Harper Industries, Inc.

Income Statement

For the Year Ended December $31,2023$Comparative Balance Sheets

December $31,2023$ and $2022$

Liabilities

Current liabilities:

Accounts payable $($inventory purchases$)$

Long$-$term liabilities

Total liabilities

Stockholders' equity

Common stock

Retained earnings

Total stockholders' equity

Total liabilities and equityAdditional information follows:

a$.$ Sold plant asset for $$4,200.$ The original cost of this plant asset was $$10,600$ and it had

$$9,900$ of accumulated depreciation associated with it$.$

b$.$ Paid $$5,000$ on the bonds payable; issued $$40,000$ of new bonds payable.

c$.$ Declared and paid cash dividends of $$28,600.$

d$.$ Purchased new investment for $$19,000.$ Paid cash.

e$.$ Purchased new equipment for $$25,600.$ Paid cash.

Requirement

Prepare a statement of cash flows for Harper $$Industries$,$ Inc., for the year ended December$31,2023,$ using the indirect method.