prepare a statement of cash flows

The following is a Balance Sheet and Income Statement for December 2014/15. Quiz Co-Op Company BALANCE SHEET December 31 ASSETS Cash Accounts Receivable Interest Receivable Property, Plant and Equipment Less Accumulated Depreciation Patents Total Assets LIABILITIES Wages Payable Interest Payable Taxes Payable Long Term Bonds Payable SHAREHOLDERS' EQUITY Common Shares Retained Earnings Total Liabilities and Equity 2014 $ 5000 6000 1000 40000 (10000) 13000 $55000 $ 3000 700 2300 28000 $15000 Z000 $52000 2015 $ 6000 3000 5000 60000 (13000) 11000 $72000 $ 1500 1500 3000 21000 $19000 26000 $72000 INCOME STATEMENT For the Year Ending 2015 $100000 10000 Revenues: Sales Interest Revenue Total Revenue Expenses: Wage expense Depreciation expense Patent amortization expense Interest expense Total Expenses Income before Income taxes Income Tax expense Net Income Equipment was purchased for 25,000 Property was sold for 5,000 . Paid 7,000 on long term debt . Issued common shares (100 @ $40) . Paid 8,000 in dividends to shareholders. Notes: $60000 4000 2000 12000 $110000 $78000 $27000 $32000 5000