Morgensen Corporation accountants assembled the following data for the year ended December 31, 2014:

Transaction Data for 2014:
Net Income ......................$ 57,800
Purchase of treasury shares ................ 14,500
Issuance of common shares for cash ............ 36,200
Loss on sale of equipment ................ 11,000
Payment of cash dividends ................ 18,100
Depreciation Expense ................... 21,900
Issuance of long-term note payable in exchange for cash.... 34,500
Purchase of building for cash ................ 122,000
Retirement of bonds payable by issuing common shares ... 62,000
Sale of equipment for cash ................ 57,000
Requirement
Prepare Morgensen Corporation€™s cash flow statement using the indirect method to report operating activities. List noncash investing and financing activities on an accompanying schedule.

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Morgensen Corporation 2013 December 31 Current Assets: Cash and Cash Equivalent$85,000 $23,000 2014 Current Liabilities: Accounts Payabl.. $57,700 $55,600 14,800 16,400 Transaction Data for 2014: Net Income.. Purchase of treasury shares. Issuance of common shares for cash $57,800 14,500 36,200 11,000 18,100 21,900 34,500 Payment of cash dividends.... Depreciation Expense.. Issuance of long-term note payable in exchange for cash.. Purchase of building for cash122,000 Retirement of bonds payable by issuing common shares Sale of equipment for cash.. 62,000 57,000