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i have to fill out the statement of cash flows Statement of Cash Flows; Indirect Method Ps. Yong Company's incomic statement for the year ended

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Statement of Cash Flows; Indirect Method Ps. Yong Company's incomic statement for the year ended December 31, 2014, and is comparative balance sheets as of December 31, 2014 and 2013, follow. Yong Company Income Statement For the Year Ended December 31, 2014 Sales $1,600.000 Cost of goods sold 1,127,500 Gross margin $ 481,200 Operating expenses Induding depreciation expense of $46,8001 449 400 Income from operations $ 31,800 Other Income (expenses Gain on sale of furniture and foctures $ 7,000 Interest expense 023.2001 (16.2001 Income before Income taxes $ 15,600 Income more pense Net Income 4.600 $ 11,000 Yong Company Comparative Balance Sheets December 31, 2014 and 2013 Changes 2014 2013 $164,800 165,200 350,000 2,000 148,000 (42000) $788,000 34,00) $ 50,000 200,000 450,000 3.000 144,000 (24,000) $823,000 114,800 Club, wus . www Assets Cash Accounts receivable Inet) Merchandise Inventory Prepaid rent Fumiture and fixtures Accumulated depreciation furniture and fixtures Total assets Liabilities and Stockholders' Equity Accounts payable Income taxes payable Notes payable long-term) Bonds payable Common stock, $20 par value Additional peld-in capital Retained earnings Total liabilities and stockholders' equity 152,-? 3.) $143,400 1,400 40,000 100,000 240,000 181440 81.760 $788,000 $200,400 4400 20,000 209,000 200,000 121.440 76,700 $823,000 During 2014, the company, engaged in these transactions: Sold at a gain of $7.000 furniture and fixtures that cost $35,600, which it bad accumulated depreciation of $28,800. 3560 - 288w+bos (3860 b. Purchased furniture and fixtures in the amount of $89,600. Pald a $20,000 note payable and borrowed $40,000 on new note. d. Converted bonds payable in the amount of $100,000 into 4,000 shares of common stock c. Declared and paid $6,000 in cash dividendo. REQUIRED 1. Uning the Indirect method, prepare a statement of cash flow for Yong. Include supporting schedule of noncash investing transactions and financing truction rea Yong Company Statement of Cash Flows Cash flow from operating Activities 4 11,000 Net Income Adjustments Depreciation Gain on sale of Sunntane Changes in CATCL Acct Rec merchandise Inc Prepaid Rent Aut layable Income Tax Payable Net Cash Flow from up Act Cash Flow from I A Sale of fateture & Fixtures Purchase of franitex Fixtures Net Cant flow from IA Cash flow from FA Repayment of Nute, fayalle Issue of now to Payable Payment of Diu Net cash flow from FA not incluse (ox dockage) in cash

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