DB E5-17 (Preparation of a Statement of Cash Flows and a Statement of Financial Position) Chekov Corpo- ration's statement of financial position at the end of 2014 included the following items. Land $ 30,000 Bonds payable $100,000 Buildings 120,000 Current liabilities 150,000 Equipment 90,000 Share capital-ordinary 180,000 Accum depr.- buildings (30,000 Retained earnings 44.000 Accum. dopr.-equipment (11,000) Total $474,000 Patents 40,000 Current assets 235,000 Total $474,000 The following information is available for 2015. 1. Net income was $55,000 2. Equipment (cost $20,000 and accumulated depreciation $8,000) was sold for $9,000. 3. Depreciation expense was $4,000 on the building and $9,000 on equipment. 4. Patent amortization was $2,500. 5. Current assets other than cash increased by $25,000. Current liabilities increased by $13,000. 6. An addition to the building was completed at a cost of $27,000. 7. A long-term investment in debt securities was purchased for $16,000. 8. Bonds payable of $50,000 were issued. 9. Cash dividends of $25,000 were declared and paid. 10. Treasury shares were purchased at a cost of $11,000. Instructions (Show only totals for current assets and current liabilities.) (a) Prepare a statement of cash flows for 2015. (b) Prepare a statement of financial position at December 31, 2015