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Thank you. Hunter Company is developing its annual financial statements at December 31, 2015. The statements are complete except for the statement of cash flows.

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Hunter Company is developing its annual financial statements at December 31, 2015. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized Balance Sheet at December 31 $55,610 22,500 38,000 45,000 111,000 Accumulated Depreciation-Equipment(41.400) (34,500) Cash Accounts Receivable 35,100 38,100 120,900 Equipment $208,310 $182,000 Accounts Payable Salaries and Wages Payable Note Payable (long-term) Common Stock Retained Earnings $ 30,400$ 26,500 1,000 57,000 69,000 47,000 93,500 36,700 1128,500 $208,310$182,000 Income Statement for 2015 Sales Revenue Cost of Goods Sold Other Expenses $109.000 65,500 30,600 Net Income 12.900 Additional Data: a. Bought equipment for cash, $9,900 b. Paid $10,000 on the long-term note payable c. Issued new shares of stock for $24,500 cash d. Declared and paid a $4,700 cash dividend. e. Other expenses included depreciation, $6,900: salaries and wages, $10,900 taxes, $3,900, utilities, $8,900 f. Accounts Payable includes only inventory purchases made on credit. Because there are no liability accounts relating to taxes or other expenses, assume that these expenses were fully paid in cash. Required: 1. Prepare the statement of cash flows for the year ended December 31, 2015, using the indirect method. Amounts to be deducted should be indicated with a minus sign.)

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