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. (15,000).)

Problem 12-7A (Part Level Submission) Presented below are the financial statements of Splish Brothers Company. Splish Brothers Company Comparative Balance Sheets December 31 2017 2016 Assets Cash Accounts receivable Inventory Property, plant, and equipment Accumulated depreciation Total $ 75,950 43,400 60,760 130,200 (69,440 ) $ 43,400 30,380 43,400 169,260 (52,080) $240,870 $234,360 Liabilities and Stockholders' Equity Accounts payable Income taxes payable Bonds payable Common stock Retained earning:s Total $41,230 15,190 36,890 39,060 108,500 $240,870 $32,550 17,360 71,610 30,380 82,460 $234,360