Presented below are the comparative balance sheets for Gordon Company at December 31, 2013, and 2012. GORDON COMPANY Comparative Balance Sheet December 31 2013 2012 Cash $ 113,500 $ 43,000 Accounts Receivable 63,000 56,000 Inventory 102,000 107,000 Prepaid Insurance 12,000 18,000 Land 136,000 120,000 Equipment 172,000 142,000 Accumulated DepreciationEquipment (46,000) (33,000) Building 200,000 200,000 Accumulated DepreciationBuilding (60,000) (39,000) $ 692,500 $ 614,400 Accounts Payable $33,000 $29,000 Bonds Payable 210,000 185,000 Common Stock, $1 Par 145,000 120,000 Paid-in Capital in Excess of Par 90,000 79,000 Retained Earnings 214,500 201,000 $ 692,500 $ 614,000 Additional Information: 1.Land was sold for $28,000 cash. Land was also obtained through issuance of common stock (see item 2). These are the only two transactions impacting land. 2.Land was obtained by issuing 25,000 shares of $1 par value common stock. The land had a fair value of $36,000. 3.Cash dividends of $86,500 were paid. 4.Net income for 2013 was $100,000. 5.Equipment was purchased for cash. In addition, equipment costing $32,000 with a book value of $12,000 was sold for $9,000 c

Prepare a statement of cash flows.