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atement of E1-12 This information is for Dyckman Corporation for the year ended December 31, 2014, Cash received from lenders $20,000 Cash received from customers

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atement of E1-12 This information is for Dyckman Corporation for the year ended December 31, 2014, Cash received from lenders $20,000 Cash received from customers 50,000 Cash paid for new equipment 28,000 Cash dividends paid 8,000 Cash paid to suppliers 16,000 Cash balance 1/1/14 12,000 Exercises Instructions (a) Prepare the 2014 statement of cash flows for Dyckman Corporation (b) Suppose you are one of Dyckman's creditors. Referring to the statement of cash flows. evaluate Dyckman's ability to repay its creditors

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