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7. Use the following financial statements and additional information to prepare the Cash Flow Statement...

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7. Use the following financial statements and additional information to prepare the Cash Flow Statement for the year ended Decemher 31, 2014 using the indirec method Balance Sheet Dec 31, 2014 Dec 31, 2013 Assets Cash Accounts Receivable 44,000 51,000 86,500 5,400 1,15,000 (27,000 (9,000) 87,500 65,000 63,800 4,400 1,24,000 Inventory Prepaid Expenses Equipment Accumulated Depreciation (Equipment)

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