 Hello, in this lecture, we're going to talk about creating a statement of cash flows using the indirect method. We will be able to define a statement of cash flows, create a statement of cash flows, explain a process of creating a statement of cash flows designed to limit mistakes and define the indirect method. So what we'll do is we'll work through basically a problem and look through the statement of cash flows. We want to think about a few things. We want to think about how to create a statement of cash flows. We want to think about a few definitions of what is a statement of cash flows. We want to kind of explain what the purpose is of a statement of cash flows and going through the process can help us to do that. Also want to point out that creating a statement of cash flows can help us with setting up a problem in such a way that we can limit the amount of mistakes that we will make. So a statement of cash flows is something that in a lot of firms, people...