Question 6 [25 points] ABC Inc. began operations on January 1, 2013. Its adjusted trial balance at December 31, 2014 and 2015 is shown below. Other information regarding ABC Inc. and its activities during 2015 follow in (a) through (e) : a. Assume all accounts have normal balances. b. Equipment was sold for cash of $28,100. c. Old machinery was sold for cash of $26,100. New machinery was purchased for $21,000 cash. d. Share capital was issued for cash. e. Cash dividends were declared and paid. Using the information provided, prepare a statement of cash flows (using the indirect method) for the year ended December 31, 2015. ABC Inc. Adjusted Trial Balance ABC Inc. Account Statement of Cash Flows December 31 2015 2014 For the Year Ended December 31, 2015 36,030 41,000 Accounts Payable.. Accounts Receivable Accumulated Depreciation, Equipment Accumulated Depreciation, Machinery. Allowance for Doubtful Accounts Depreciation Expense, Equipment Depreciation Expense, Machinery. 46,800 56,000 4,100 77,500 6,500 44,000 5,800 4,000 13,000 13,000 8,500 8,500 332,060 285,000 Cash Cash Dividends 63,000 63,000 Equipment 27,600 140,000 Machinery _ 48,000 101,000 Merchandise Inventory... _ 22,420 24,500 Long-term Notes Payable... _ 50,610 64,000 Other Expenses (including losses) 580,000 35,000 Retained earnings 80,000 85,000 Revenues (including gains) 623,500 114,500 Share capital Unearned Revenue _ 285,000 250,000 49,840 46,000