Following financial statements and additional information

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Reference no: EM13900035

Use the following financial statements and additional information to

(1) Prepare a statement of cash flows for the year ended December 31, 2014, using the indirect method, 

(2) Analyze and briefly discuss the statement prepared in part 1 with special attention to operating activities and to the company's cash level.

557_267-B-M-A-S-C-F (2052).png

Additional Information:

a. No dividends are declared or paid in 2014. 

b. Issued additional stock for $ 10,000 cash in 2014. 

c. Purchased equipment for cash in 2014; no equipment was sold in2014 

Reference no: EM13900035

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