Statement of Cash Flows:Indirect MethodP10. William Corporation??s income statement for the year endedDecember 31, 2014, and its comparative balance sheets as ofDecember 31, 2014 and

Statement of Cash Flows:Indirect MethodP10. William Corporationâ??s income statement for the year endedDecember 31, 2014, and its comparative balance sheets as ofDecember 31, 2014 and 2013, follow During 2014, William engaged in these transactions: a. Sold at a gain of \( \$ 7,000 \) furniture and fixtures that cost \( \$ 35,600 \), on which it had accumulated depreciation of \( \$ 28,800 \). b 2 answers