Question: Problem 1 1 - 4 B ( Algo ) Prepare a statement of cash flows - indirect method ( LO 1 1 - 2 ,

Problem 11-4B (Algo) Prepare a statement of cash flows-indirect method (LO11-2,11-3,11-4,11-5)
The income statement, balance sheets, and additional information for Virtual Gaming Systems are provided.
\table[[\table[[VIRTUAL GAMING SYSTEMS],[Incone Statenent],[For the Year Ended Decenber 31,2024]],,],[Net sales,$2,470,000,],[Gain on sale of land,5,500,],[,2,475,500,],[\table[[Expenses:],[Cost of goods sold]],,],[Operating expenses,,],[Depreciation expense,,],[Interest expense,,],[Income tax expense,,],[Total expenses,2,295,000,],[Net income,$180,500,],[\table[[VIRTUAL GAMING SYSTEMS],[Balance Sheets],[December 31]],,],[Assets,2024,2023],[\table[[Assets],[Current assets:]],,],[Cash,$158,680,$101,660
 Problem 11-4B (Algo) Prepare a statement of cash flows-indirect method (LO11-2,11-3,11-4,11-5)

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