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Exercise 13-9 (Part Level Submission) Rodriquez Corporation's comparative balance sheets are presented below. RODRIQUEZ CORPORATION Comparative Balance Sheets December 31 2015 Cash $15,050 Accounts receivable 25,060 Investments 20,080 Equipment 59,910 Accumulated depreciation-equipment (13,870) $106,230 2014 $17,430 22,040 15,880 69,870 (10,380 ) $ 114,840 Total Accounts payable Bonds payable Common stock Retained earnings Total $14,790 10,800 49,910 30,730 $106,230 $11,160 30,200 44,860 28,620 $114,840 Additional information: Dividends declared sed depreciation of $1, S hflows, except the change 1. Net Income was $18,270. Dividends declared and paid were $16,160. 2. Equipment which cost $9.960 and had accumulated depreciation of $1,330 was sold for $3,110. 3. All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation Prepare a statement of cash flows for 2015 using the indirect method. (Show amounts that decrease cash flow RODRIQUEZ CORPORATION Statement of Cash Flows For the Year Ended December 31, 2015 TCash Flows from Operating Activities 18270 T Net Income Adjustments to reconcile net income to TNet Cash Provided by Operating Activities TDepreciation Expense TLoss on Disposal of Equipment Tincrease in Accounts Receivable Tincrease in Accounts Payable TNet Cash Provided by Operating Activities TCash Flows from Investing Activities 9960 T Sale of Equipment Cash Flows from Financing Activities Cash Flows from Financing Activities T Net Cash Provided by Financing Activities TIssuance of Common Stock 1 TPayment of Dividends TRetirement of Bonds TNet Cash used by Financing Activities Net Decrease in Cash TCash at Beginning of Period Cash at End of Period LINK TO TEXT

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