Statement of cash flows. Question from 'intermediate accounting tenth Canadian edition Volume 2' Kieso, Weygandt, warfield etc.

P22-13 Seneca Corporation, which uses IFRS, has contracted with you to prepare a statement of cash controller has provided the following information: December 31 2014 2013 38,700 $13,000 Accounts receivable 11,600 Inventory 9,100 10,600 FV-NI Investments Buildings 27,700 Equipment 40,500 18,500 Patent 14,000 14,000 $115,400 $94,550 Allowance for doubtful accounts 1,400 Accumulated depreciation- equipment 3,300 Accumulated depreciation--buildings 5,700 Accumulated amortization- patent 7,750 Accounts payable 4,400 3,300 Dividends payable Notes payable, short-term (non-trade) 3,400 Long-term notes payable 30,500 25,000 Share capital 43,000 33,000 Retained earnings 21,700 5,000 $115,400 $94,550 Additional information related to 2014 is as follows: 1. Equipment that cost S10,500 and was 50% depreciated at the time of disposal was sold for s2,600. 2. Common shares were issued to pay S10,000 of the long-term note payable 3. Cash dividends paid were S6,000. Seneca has adopted the policy of class fying dividends paid as operating 4. On January 1, 2014, a flood destroyed the building. Insurance proceeds on the building were sz 3,000