PRODLEM 14-13 Prepare and interpret a Statement of Cash Flows RR.01, LO2? A comparative balance sheet for A koom Company containing data for the last two years is as follows: The folkowing additional ieformotion is avalable ahoot the conpone's activities dering this year: 2. The company declared and paid a cach dividend this year. b. Bonds with a principal balance of $380,000 were repald daring this year. c. Equipencnt was sold daring this year for 570,000 . The equipment had cont 5130000 and hat $40,000 in accumulated depreciation on the date of sale. d. Lopg,term investments were sold during the year for $1/0000. These inveimenes had cos $50,000 when purchned several yean woo. e. The subsidiaries did not repay any outsanding loans during the year. f. Akcum did ast reparchase any of its own sack daring the yeat. The coelpany reporied net income this year as follows