(L. OBJ. 3) Preparing the Statement of Cash Flows—indirect method [45-60 min] The 2012...

(L. OBJ. 3) Preparing the Statement of Cash Flows—indirect method [45-60 min]

The 2012 comparative Balance Sheet and Income Statement of Alden Group follow. Alden had no noncash investing and financing transactions during 2012.

Requirement

1. Prepare the spreadsheet for the 2012 Statement of Cash Flows. Format cash flows from operating activities by the indirect method.