prepare the statement of cash flow using the indirect method

20211 2020 $ 264,920 88,790 105,900 13,689 $202,660 67,000 142,000 6,849 Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Investments Land Equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Total liabilities and stockholders' equity 112,000 217,090 284,800 (77,400) $1,907,999 a 254, eee 217, eee (43,400) $845,180 $ 72,300 6,709 15,789 $ 88,800 1 11,400 14,790 299,000 232, eee 370,000 243, 300 $1,007,000 370.000 138, 892 9845, 100 Addltlonal Information for 2021: 1. Purchase investment in bonds for $112.000. 2. Sell land costing $37,000 for only $28,300, resulting in a $8.700 loss on sale of land. 3. Purchase $67.000 in equipment by issuing a $67.000 long-term note payable to the seller. No cash is exchanged in the transac 4. Declare and pay a cash dividend of $28.500