Calculate a statement of cash flows

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Question - Cosette Corporation's comparative balance sheets are presented below

1. Net income was $17,300.

2. Dividends -- Calculate the amount.

3. Equipment which cost $10,000 and had accumulated depreciation of $2,200 was sold for $3,800.

4. Loss on Disposal of Equipment -- Calculate the amount.

5. Depreciation Expense - Calculate the amount.

6. All other changes in non current account balances had a direct effect on cash flows, except the change in accumulated depreciation.

Required - Calculate a statement of cash flows for 2014 using the indirect method.

Reference no: EM132566890

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