Question: prepare a statement of cash flows using the indirect method Condensed financial data of Vaughn Company for 2020 and 2019 are presented below. Additional information:

Condensed financial data of Vaughn Company for 2020 and 2019 are presented below. Additional information: During the year, $70 of common stock was issued in exchange for plant assets. No plant assets were sold in 2020. 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 es. (15,000)
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