Thunder Corporation's balance sheet and income statement appear below: 
The company did not dispose of any property, plant, and equipment, issue any bonds payable, or repurchase any of its own common stock during the year. The company declared and paid a cash dividend of $24.
Required:
Prepare a statement of cash flows in good form using the indirect method.
Definitions:
Warranty on Parts
A guarantee provided by a manufacturer or seller regarding the condition of parts or components and their performance over a specified period.
Defective Units
Defective units refer to products that fail to meet quality standards or specifications and are therefore unsuitable for sale or use.
Current Ratio
An indicator assessing the ability of a company to cover its obligations or debts falling due within one year.
Current Liabilities
Short-term financial obligations that are due within one year or within the normal operating cycle.
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