PROBLEM 12-11A Missing Data; Statement of Cash Flows [LO 12-1, LO12-2] Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: Credits > Debits by: Debits > Credits by: $ 17,000 110,000 $ 65,000 8,000 30,000 1 Cash Accounts receivable Inventory Prepaid expenses Long-term loans to subsidiaries Long-term investments. Plant and equipment Accumulated depreciation Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earings 80,000 220,000 5,000 32,000 9,000 16,000 400,000 170,000 50,000 $606,000 $606,000 a. The following additional information is available about last year's activities: Net income for the year was S b. The company sold equipment during the year for $15,000. The equipment originally cost $50,000 and it had $37,000 in accumulated depreciation at the time of sale. Cash dividends of $20,000 were declared and paid during the year. d. The beginning and ending balances in the Plant and Equipment and Accumulated Depreciation accounts are given below: C. Plant and equipment Accumulated depreciation Beginning $1,580,000 $675.000 Ending $1,800,000 $680,000 e the year was s The balance in the Cash account at the beginning of the year was $23.000, the balance at the end of f. If data are not given explaining the change in an account, make the most reasonable assumption as to the cause of the change. Required: Using the indirect method, prepare a statement of cash flows for the year