Question: PROBLEM: Indirect method: From the following, prepare the cash flow statement: $50,000 $2,000 $5,000s $10,000 $1,000 $50,000 $3,000 Net income Loss on sale of long-term

PROBLEM: Indirect method: From the following, prepare the cash flow statement: $50,000 $2,000 $5,000s $10,000 $1,000 $50,000 $3,000 Net income Loss on sale of long-term investment Increase in AP Decrease in inventory Increase in prepaid rent Issue of common stock Loan repaid to the bank #10,000 Bought stock of Apple Inc. $15,000 $4,000 $6,000 Sold stock of Twitter Loaned money to another company Dividend paid to stockholders $3,000 Dividend received on investments

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