Question needed is attached. Due date is tomorrow at 12:00 pm

Dingel Corporation has contracted with you to prepare a statement of cash flows. The controller has provided the following information. December 31 2014 Cash 2013 $38,500 $13,000 Accounts receivable 12,250 10,000 Inventory 12,000 10,000 Investments -0- 3,000 Buildings -0- 29,750 Equipment 40,000 20,000 Copyrights 5,000 5,250 $107,750 $91,000 $3,000 $4,500 2,000 4,500 -0- 6,000 5,000 4,000 Totals Allowance for doubtful accounts Accumulated depreciationequipment Accumulated depreciationbuildings Accounts payable Dividends payable -0- 5,000 3,000 4,000 Long-term notes payable 36,000 25,000 Common stock 38,000 33,000 Retained earnings 20,750 5,000 $107,750 $91,000 Notes payable, short-term (nontrade) Additional data related to 2014 are as follows. 1 . 2 . 3 . 4 . 5 . 6 . 7 . Equipment that had cost $11,000 and was 30% depreciated at time of disposal was sold for $2,500. $5,000 of the long-term note payable was paid by issuing common stock. Cash dividends paid were $5,000. On January 1, 2014, the building was completely destroyed by a flood. Insurance proceeds on the building were $33,000 (net of $4,000 taxes). Investments (available-for-sale) were sold at $1,500 above their cost. The company has made similar sales and investments in the past. Cash and long-term note for $16,000 were given for the acquisition of equipment. Interest of $2,000 and income taxes of $5,000 were paid in cash. (a) Use the indirect method to analyze the above information and prepare a statement of cash flows for Dingel. Flood damage is unusual and infrequent in that part of the country. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)