Question: The question is below and attached for a better view of the table. The following information is related to Alpha Company's fiscal year 2017. Income

The question is below and attached for a better view of the table.

The following information is related to Alpha Company's fiscal year 2017.

Income Statement:

Net Income$300,000

Depreciation Expense50,000

Gain onSaleof Plant Assets10,000

Interest Expense500

Balance Sheet - 12/31/17: Increase (Decrease)

Accounts Payable($4,000)

Plant Assets - Purchased250,000

Plant Assets - Disposals(100,000)

Additional Information:

Cash Balance - 12/31/2016:$50,000

Common Stock exchanged for outstanding Long Term Notes Payable of $125,000

Dividends paid were $25,000

Use this information to prepare the Statement of Cash Flows for Alpha Company using the indirect method.

13)The following information is related to Alpha Company's fiscal year 2017.

Income Statement:

Net Income$300,000

Depreciation Expense50,000

Gain onSaleof Plant Assets10,000

Interest Expense500

Balance Sheet - 12/31/17: Increase (Decrease)

Accounts Payable($4,000)

Plant Assets - Purchased250,000

Plant Assets - Disposals(100,000)

Additional Information:

Cash Balance - 12/31/2016:$50,000

Common Stock exchanged for outstanding Long Term Notes Payable of $125,000

Dividends paid were $25,000

Use this information to prepare the Statement of Cash Flows for Alpha Company using the indirect method.

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