Question: Williams Corp Comparative Balance Sheet December 3 1 , 2 0 2 3 and 2 0 2 4 table [ [ , 2 0

Williams Corp
Comparative Balance Sheet
December 31,2023 and 2024
\table[[,2024,2023],[Cash,$15,000,$5,000],[Accounts Receivable,29,000,36,000],[Merchandise Inventory,56,000,29,000],[Prepaid Expenses,20,000,64,000],[Long-terminvestments,60,000,50,000],[Plant Assets,330,000,351,000],[Accumulated Depreciation -],[Plant Assets,(88.000),(102.000)],[TotalAssets,$422.000,$433.000]]\table[[Accounts Payable,$58,000,$70,000],[Accrued Liabilities,7,000,3,000],[\table[[Bonds Payable],[Common Stock]],50,000,100,000],[Retained Earnings,173,000,153,000],[Total Liabilities and,134.000,107.000],[,,],[Stockholders' Equity,$422.000,$433.000]]
Additional information provided by the company includes the following:
Held-to-maturity securities carried at a cost of $25,000 on December 31,2023, were sold in 2024 for $30,000.
Fully depreciated plant assets that cost $57,000 were sold during 2024 for $2,000.During 2024, the company repaid $20,000 of bonds payable by issuing common stock.
Dividends were paid in 2024 were $20,000.
Depreciation charged for the year was $43,000.
Instructions:
Prepare the 2024 statement of cash flows, using the indirect method.
Williams Corp Comparative Balance Sheet December

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