7. Hanson Corporation's comparative balance sheets are presented below. HANSON CORPORATION Comparative Balance Sheets December 31 20142013 Cash Accounts receivable Land Building Accumulated depreciation $21,570 18,200 8,000 70,000 (15,000 $112,770 $10,700 23,400 26,000 70,000 (10.000 $120,100 $31,100 69,000 20,000 Total Accounts payable Common stock Retained earnings 12,370 75,000 25,400 Total $112.770 $120,100 Additional information: 1. Net income was $27,900. Dividends declared and paid were $22,500. 2. All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation. The land was sold for $5,900 Instruction (a) Prepare a statement of cash flows for 2014 using the indirect method. (Check Figures: Operating Activities 21,740, Investing Activities 5,900, Financing Activities- (16,500))