Reference no: EM131624066

Problem - Accounting information from the records of the Jane's Campony at the end of 2014 is shown below:

Net income $100,000

Proceeds from sale of long-term investment in marketable securities 20,000

Proceeds from sale of building 80,000

Gain on sale of building 35,000

Increase in accounts receivable 5,000

Increase in accounts payable 7,000

Cash dividends declared 5,000

Depreciation expense 18,000

Patent amortization expense 1,000

Amortization of premium on bonds payable 1,500

Purchase of equipment 30,000

Issue of common stock 25,000

Increase in accrued liabilities 4,000

Decrease in prepaid expenses 2,000

Required: Prepare Jane's company 's 2014 Net Cash Flow from Operating Activities section of a statement of cash flows, using the indirect method.