Prepare a statement of cash flows using the indirect method


Condensed financial data of Bridgeport Company for 2017 and 2016 are presented below.

Additional information:

During the year, $80 of common stock was issued in exchange for plant assets. No plant assets were sold in 2017.

Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

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Accounting Basics: Prepare a statement of cash flows using the indirect method
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