1 - 100 points The income statement, balance sheets, and additional information for Janson, Inc. are provided Janson, Inc. Income Statement For the Year Ended December 31, 2014 $3,000,000 6,000 3,006,000 Revenues Gain on sale of land Total revenues Expenses: Cost of goods sold Operating expenses Depreciation expense Interest expense Income tax expense Total expenses Net Income 2,100,000 700,000 48.000 35,000 43,000 2,926,000 $ 80,000 Janson, Inc. Balance Sheet December 31 2014 2013 Acosociale $85,000 96.000 316,000 20,000 $ 56,000 100,000 310,000 18,000 Prepaid Logo Asics Equipment Land Accumulated depreciation Total Assets 195.000 50,000 90.000 (68.000) 5784,000 180,000 70,000 50.000 20.000) $764,000 $28.000 1.000 14.000 $36,000 2,000 13,000 Current Liabilities Accounts payable Interest payable Income tax payable Long-Term Liabilities: Bonds payable Stockholders' Equity Common stock Retained earnings Total Liabilities and Equity 225.000 165,000 280.000 296,000 $784.000 240,000 248.000 5764,000 Additional Information for 2014 1. Purchase additional investment for $15.000 2. Sell equipment for $26.000 cash, resulting in a $6.000 gain on sale of equipment 3. Purchase $40.000 in land. 4. Repaid bond for $60,000 5. The company declares and pays a cash dividend of 532.000 6. Issue common stock for $40.000 Required: Prepare the statement of cash flows using the indirect method