Borrowed 540000 in jan 2014 made 12 monthly payments during

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Borrowed $540,000 in jan 2014, made 12 monthly payments during the year, reducing the balance of the loan by 40,628. 2. issued common stock for 0.99 million. 3.purchased 9900 shares of treasury stock at $14 per share. 4.reissued 4,100 shares of treasury stock at $16 per share. 5.declared and paid a cash dividend of 112,200. Need help in preparing cash flows for the year ended dec 31, 2014 using indirect method.

Reference no: EM13483626

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