Use the Rouse Exercise Equipment data in Exercise E14-23. Prepare the company's statement of cash flows-indirect method-for the year ended December 31, 2018. Assume investments are purchased with cash.
In Exercise E14-23

ROUSE EXERCISE EQUIPMENT, INc. Income Statement Year Ended December 31, 2018 $ 713,000 Net Sales Revenue Cost of Goods Sold 342,000 Gross Profit 371,000 Operating Expenses: $ 54,000 Depreciation Expense Other Operating Expenses 210,000 Total Operating Expenses 264,000 $ 107,000 Net Income