[SOLVED] From the following income statement (Figure 21.

From the following income statement (Figure 21.12), balance sheet (Figure 21.13), and additional data for Dent Company, prepare a statement of cash flows using the indirect method. Figure 21.12:

Figure 21.13:

Additional Data 1. All Plant and Equipment were purchased with cash. 2. Sold additional 4,000 shares of stock for cash at par. 3. A $1,400 dividend was declared and paid. 4. Short-term notes used to finance inventory.

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DENT COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2014 $ 96 20000 69 30000 $ 26 9 0|000 Sales Cost of Goods Sold Gross Profit Operating Expenses: Rent Expense $기21010100 70 00 00 Depreciation Expense Salary Expense 64 0000 Miscellaneous Expense 315000 Total Operating Expenses 23 75000 Net Income $ 3 15000 DENT COMPANY BALANCE SHEET DECEMBER 31, 2014 Assets 2014 2013 Current Assets: |$ 31기010100||$ 214|010100 55 00 00 23 00 00 1100 00 $12 600 00 $ 10 000 00 Cash Accounts Receivable, Net 4200 00 Merchandise Inventory 220000 Prepaid Rent 120000 Total Current Assets Plant and Equipment: $57 3 00 00 $ 50 000 00 (155 00 00) $418 00 00 S 41 500 00 $54 4 00 00 Store Equipment Accum. Dep., Store Equipment (850 000) Total Plant and Equipment Total Assets $5150000 Liabilities Current Liabilities: Notes Payable-Short Term $ 68 00 00 $ 500000 Accounts Payable 42 00 00 485000 Total Current Liabilities $110 00 00 $ 98 50 00 Long-Term Liabilities: Bonds Payable $15 0 00 00 $ 19 000 00 $26 0 00 00 $ 28 8 50 00 Total Liabilities Stockholders' Equity Common Stock, $1 par $25 0 00 00$ 21 000 00 Retained Earnings 3400 00 $28 4 00 00$ 22 6 50 00 1650 00 Total Stockholders' Equity Total Liabilities and Stockholders' Equity $54 4 00 00 $ 51 500 00

Question: From the following income statement (Figure 21.

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