The $2023$ and $2022$ balance sheets of West Corporation follow. The $2023$ income statement is also provided. West had no noncash investing and financing transactions during $2023.$ During the$$ year, the company sold equipment for $ $15$ comma $700,$ which had originally cost $ $13$ comma $700$ and had a book value of $ $11$ comma $000.$ The company did not issue any notes payable during the year but did issue common stock for $ $30$ comma $000.$ The company purchased plant assets and$$ long$-$term investments with cash.

Requirement $1.$ Prepare the statement of cash flows for West Corporation for $2023$ using the indirect method.

Prepare the statement one section at a time. $($Use parentheses or a minus sign for numbers to be subtracted or for a net cash$$ outflow.$)$

West Corporation

Statement of Cash Flows $($Indirect Method$)$

For the Year Ended December $31,2023$Prepare the statement of cash flows for West Corporation for $2023$ using the

indirect method.

Evaluate the company's cash flows for the year. Discuss each of the

categories of cash flows in your response.