[Jack17012]

Please help to make a cash flow statement (indirect method)
balance sheet 2010/2009

cash 30,000/35,000
accounts receivable (net) 55,000/45,000
inventory 65,000/45,000
prepaid expenses 15,000/25,000
equipment 90,000/75,000
accumulated depreciation (18,000)/(8,000)
Land 70,000/40,000
total 307,000/257,000

Accounts payable 65,000/52,000
accrued expenses 15,000/18,000
notes payable - bank 0/23,000
bonds payable 30,000/0
common stock 189,000/159,000
retained earnings 8,000/5,000
total 307,000/257,000

additional information:

1)Land was acquired for $30,000 in exchange for common stock, par $30,000, during the year
2)All equipment purchased was for cash.
3)Equipment costing $13,000 was sold for $3,000; book value of the equipment was $6,000.
4)Cash dividends of $9,000 were declared and paid during the year.