Cash $12,200 $15,300 Accounts receivable 30,500 22,900 Inventory 24,200 40,400 Prepaid rent 13,700 9,200 Land 114,400 114,400 Plant and equipment 610,000 457,500 Accumulated depreciation (99,100) (45,800) Totals $705,900 $613,900 Accounts payable $18,300 $15,300 Income taxes payable 4,600 7,600 Short-term notes payable 53,400 38,100 Bonds payable 114,000 153,000 Common stock 305,000 228,800 Retained earnings 210,600 171,100 Totals $705,900 $613,900 Bonds were retired during 2014 at face value, plant and equipment were acquired for cash, and common stock was issued for cash. Depreciation expense for the year was $53,300. Net income was reported at $39,500. Required: Hide 1. Prepare a statement of cash flows for 2014 using the indirect method in the Operating Activities section. Use the minus sign to indicate cash payments, cash outflows, or decreases in cash. Chrisman Company Statement of Cash Flows For the Year Ended December 31, 2014 Cash Flows from Operating Activities $ Adjustments to reconcile net income to net cash provided by operating activities: $ Cash Flows from Investing Activities $ Cash Flows from Financing Activities $ $ $ Cash balance, December 31, 2013 Cash balance, December 31, 2014 $