On the basis of the following data for Branch Co. for the current and preceding years ended December 31, prepare a statement of cash flows using the indirect method. Assume that equipment costing $125,000 was purchased for cash and the land was sold for $15,000. The stock was issued for cash and the only entries in the retained earnings account were for net income of $56,000 and cash dividends declared and paid of $18,000. 
Definitions:
Job Satisfaction
The feeling of contentment or happiness that one derives from their job, influenced by various factors like work environment, compensation, and job nature.
Conditioned Response
A learned response to a previously neutral stimulus that has been repeatedly presented along with a stimulus that naturally evokes a response.
Unconditioned Response
A natural, automatic reaction to a stimulus that occurs without any need for prior learning or conditioning.
Conditioned Stimulus
A stimulus that, through association with an unconditioned stimulus, comes to elicit a conditioned response in classical conditioning.
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