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 Expense               50,000

                        Gain on Sale of Plant Assets     10,000

                        Interest Expense                            500

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

                        Accounts Payable                   ($4,000)

                        Plant Assets – Purchased        250,000

                        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 Expense               50,000

                        Gain on Sale of Plant Assets     10,000

                        Interest Expense                            500

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

                        Accounts Payable                   ($4,000)

                        Plant Assets – Purchased        250,000

                        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.