Problem $1$ Statement $of$ Cash Flows $-$ Indirect Method $(20$ points$)$

Orca Inc. $-$ Balance Sheet Data

Additional Information:

Dividends $of$ $$9,000$ were declared and paid $in203.$

Net Income was $$43,000$ for $20x3.$

$No$ equipment was sold during the year.

Investments costing $$15,000$ were sold for $$13,000$ during $203.$

Equipment was purchased for cash.

Additional bonds were issued for cash

Required

Prepare a statement $of$ Cash

flows for Calendar Year $20x3in$

proper form using the Indirect

Method.