Based on the information provided below for Krackle Corp. ,complete the following worksheet to be used to prepare the statement of cash flows using the indirect method.
(a)Net income for the year was $30,000.
(b)Dividends of $10,000 were declared and paid.
(c)Krackle's only noncash expense was depreciation which totaled $50,000.
(d)The company purchased plant assets for $70,000.
(e)Notes payable in the amount of $40,000 were issued during the year for cash. 
Definitions:
Market Customers
Individuals or entities that purchase goods or services in a particular market or industry.
Market Conditions
The various factors and influences that affect the supply and demand of goods and services, thereby shaping the economic landscape in which businesses operate.
Network Design
The planning and structuring of a communication network, involving the selection and interconnection of hardware and software components to meet specific objectives.
Subcontracts
Secondary contracts made under the main contract, often used to delegate specific tasks or responsibilities to third parties.
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