Meeting Microsoft Teams X + u/0/#inbox/FMfcgxwHMsPSmMMJQFqfIHTGcjBQbKp?projector=1&messagePartid:0.1 Payment of dividends Open with Google Docs - 0 Purchased equipment by signing Cash received from sale of property, plant, and equipment 31,700 Prepare the cash flow statement for Skyway Corporation for the year ended December 31, 2014, using the indirect method, and include a schedule of noncash investing and financing activities if necessary 25) Data for the most recent four fiscal years of Colt Corporation are given below: 25) Net Sales Cost of goods sold Gross margin Operating expenses Net income 2014 $78,000 33,000 45,000 25,000 20,000 2013 75,000 32,000 43,000 22,000 21.000 2012 $67,000 30,000 37,000 19,000 18.000 2011 $60,000 26,000 34,000 14,000 20,000 a) Prepare an analysis showing the trend percentages for the four-year period using 2007 as the base year. b) What do the trend percentages indicate regarding Colt Corporation's income statement data? | Page sio - Q +