Question $2$: $(19$ points$)$

The comparative balance sheets for Jellystone Park Corporation appear below:

JELLYSTONE PARK CORPORATION

Comparative Balance Sheet

Liabilities and Shareholders' Equity

Accounts payable

Bonds payable

Common shares

Retained earnings.

Total liabilities and shareholders' equity

Additional information:

Profit for the year ending December $31,2026$ was $$20,000.$

Cash dividends of $$12,000$ were declared and paid during the year.

Long$-$term investments in bonds that had an artized cost of $$18,000$ were sold for $

$16,000.$

Required:

Prepare a cash flow statement for the year ended December $31,2026,$ using the indirect

method.