(Solved): Help please Exercise 12-13 (Algo) Indirect: Preparing statement of cash flows LO P2, P3 Additional I ...

Exercise 12-13 (Algo) Indirect: Preparing statement of cash flows LO P2, P3 Additional Information on Current-Year Transactions a. No dividends are declared or paid. Additional Information on Current-Year Transactions a. No dividends are declared or paid. b. Issued additional stock for \( \$ 16,500 \mathrm{cash} \). c. Purchased equipment for cash; no equipment was sold. 1. Use the above information to prepare a statement of cash flows for the current year using the indirect method. (Amou deducted should be indicated by a minus sign.) MONTGOMERY, INCORPORATED Statement of Cash Flows (Indirect Method) For Current Year Ended December 31 Cash flows from operating activities