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statement of cash flow The following information related to activities for Robson Inc. for 2014. a) The company paid cash for the purchase of the

statement of cash flow
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The following information related to activities for Robson Inc. for 2014. a) The company paid cash for the purchase of the land. b) The company sold a piece of equipment for $30,000 cash. Any gain or loss on the sale was included in net income. c) The company purchased a new piece of equipment costing $85,000. Robson paid for this equipment by giving the seller a long-term note for the full amount. d) The company paid cash to the bondholders for the bonds that matured on November 1. e) The company issued bond on August 1 $55,000 received in cash. f) Dividends were paid in cash on July 1. g) Common share were issued on September 1. h) Net income for the year ended December 31, 2014 was $80,000. Selected (final) account balances at December 31, 2013, and 2014 are shown below. All account balances have the usual sign. 2013 2014 Cash $39,000 $71.200 Trade receivable 50,200 43,600 Inventory 91,600 100,800 Equipment 220,000 235,000 Accumulated depreciation, equipment 110,000 98,000 Depreciation expense, equipment 32,000 36,000 Land 375,000 453.000 Long-term notes payable 69,500 154,500 Bonds payable 185,000 155,000 Trade payable 67,500 78.600 Interest payable 8,300 7,400 Common shares 260,000 320,000 Retained earnings 383.000 407.600 I Required: Prepare the statement of cash flows for the Robson Inc. for 2014 using the indirect method. Please use the table below to complete this question. The space below can be used for any necessary calculations

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