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The following information is available for Ramos Corporation for the year ended December 31, 2014. Beginning cash balance $ 84,060 Accounts payable decrease 6,912 Depreciation

The following information is available for Ramos Corporation for the year ended December 31, 2014.

Beginning cash balance $ 84,060
Accounts payable decrease 6,912
Depreciation expense 302,616
Accounts receivable increase 15,318
Inventory increase 20,548
Net income 530,699
Cash received for sale of land at book value 65,380
Cash dividends paid 22,416
Income taxes payable increase 8,780
Cash used to purchase building 539,852
Cash used to purchase treasury stock 48,568
Cash received from issuing bonds 373,600

Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

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