Requirement 1. Prepare the statement of cash flows of Boco 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 Boco?'s 2014 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.)

e sheet follow (Click the Boco Electric Company Income Statement Year Ended December 31, 2014 ows of Boco Electric C Revenues ating activit Sales revenue S 691,000 17,500 708,500 g activities using the dir ule of nonca d for a net decrease in c ctric Company h Flows (Direct Method) Dividend revenue Total revenue Expenses and losses Cost of goods sold Salary and wage expense Depreciation expense Other operating expense Interest expense $ 410,800 143,500 54 500 24 700 24.700 December 31, 2014 Print Done in the inout fields and the