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Hello,

I need help preparing a cash flow statement 2018 using the indirect method with interest and income

taxes paid on the face of the statement.

Info:

·      Capital assets that had cost $90,400 were sold for proceeds of $34,200.

·      A stock dividend valued at $50,000 was declared and distributed in June 2018.

·      Equipment valued at $80,000 was acquired for preferred shares during the year.

·      Bonds with a face value of $400,000 were issued for $368,000 cash in January 2018. No bonds were redeemed during the year.

·      The temporary investments were considered to be cash equivalents.

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