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6. Presented below is a detail of transactions for Final Question, Inc., for the year ended December 31,2014. (worth 30 points) Required: Prepare a statement

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6. Presented below is a detail of transactions for Final Question, Inc., for the year ended December 31,2014. (worth 30 points) Required: Prepare a statement of cash flows for 2014. Additional information: Net Income for the year ended December 31, 2014, was $55,000. Dividends paid during the year ended December 31, 2014 were $5,000. The cost of new computer equipment purchased during 2014 was $25,000. Manufacturing equipment was sold during the 2014 year for $7,500. Inventory decreased S10,500 during the 2014 year. Accrued Wages decreased $2,000 during the 2014 year. Accounts payable fell S4,000 from December 31, 2013 compared to December 31, 2014 Common stock was issued during the 2013 year amounted to $25,000. Depreciation expense amounted to $15,000 for the year ended 12/31/14 Accounts receivable decreased $7,000 from 12/31/13 compared to 12/31/14

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