Requirement 1. Prepare the statement of cash flows of Bear Electric Company for the year ended December? 31,2014?,using the direct method to report operating activities. Also prepare the accompanying schedule of noncash investing and financing activities.

Start by completing the cash flows from operating activities using the direct method. Then complete the statement of cash flows and the accompanying schedule of noncash investing and financing activities. ?(Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in? cash.)

Requirement 2. Use Bear?'s2014 income statement and balance sheet to prepare a supplementary schedule of cash flows from operating activities by using the indirect method. ?(Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in? cash.)