Sharp Screen Films, Inc. is developing tsanal financial statement December 3. certy Them es are corpo except for the statement of cash flow. The completed comparate balance sheets and come tort wesented as follow alace where Property Accounts payable Wages payable utanding Cost of goods sold Others Additional Data a Bought equipment for cash $59.650 b. Paid $12.00 on the long term not payable Issued now shares of stock for $35 000 cash d Dividends of $11450 were declared and paid. - Other expenses all relate to wages. Accounts payable includes only inventory purchases made on credt Required 1. Prepare the statement of cash flows using the Indirect method for the year ended December 31, curent yetist cash outlows negative amounts) SHARP SCREENFIUM IN the Year Ended Deb t Current ORE Sharp Screen Films, Inc. is developing tsanal financial statement December 3. certy Them es are corpo except for the statement of cash flow. The completed comparate balance sheets and come tort wesented as follow alace where Property Accounts payable Wages payable utanding Cost of goods sold Others Additional Data a Bought equipment for cash $59.650 b. Paid $12.00 on the long term not payable Issued now shares of stock for $35 000 cash d Dividends of $11450 were declared and paid. - Other expenses all relate to wages. Accounts payable includes only inventory purchases made on credt Required 1. Prepare the statement of cash flows using the Indirect method for the year ended December 31, curent yetist cash outlows negative amounts) SHARP SCREENFIUM IN the Year Ended Deb t Current ORE