Pleasesee attached document.

Statement of cash flow..require journal entry..please attached.

Statement of Cash FlowsIndirect Method The comparative balance sheet of Mavenir Technologies Inc. for December 31, 2014 and 2013, is shown as follows: Dec. 31, 2014 Dec. 31, 2013 Assets Cash $279,73 0 $261,7 10 Accounts receivable (net) 101,340 94,000 Inventories 286,050 278,29 0 0 107,82 0 Land 146,730 0 Equipment 315,620 246,05 0 Accumulated depreciation-equipment (73,890) (66,35 0) $1,055,5 80 $921,5 20 $191,06 0 $181,5 40 Accrued expenses payable (operating expenses) 19,000 23,960 Dividends payable 10,560 8,290 Common stock, $10 par 57,000 45,150 Paid-in capital in excess of par-common stock 214,280 125,33 0 Retained earnings 563,680 537,25 0 $1,055,5 80 $921,5 20 Investments Total Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) Total The following additional information was taken from the records: 2. 3. 4. 5. 6. 1. The investments were sold for $126,150 cash. Equipment and land were acquired for cash. There were no disposals of equipment during the year. The common stock was issued for cash. There was a $69,740 credit to Retained Earnings for net income. There was a $43,310 debit to Retained Earnings for cash dividends declared. Required: 0 1 Hide Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Use the minus sign to indicate cash out flows, cash payments, decreases in cash and for any adjustments, if required