. The following selected data for Ryder Corporation for the year ended December 31, 2014, are available to you for preparing the cash flow statement:

Cost of goods sold $56,500 Sales revenue $97,300

Amortization expense 14,100 Interest revenue 4,100

Income tax expense 2,300 Dividend revenue 3,600

Other operating expenses 17,700 Salary expense 24,000

Loss on sale of investments 1,400 Interest expense 5,900

Gain on sale of property,

plant, and equipment 7,200

The cash account began the year with a balance of $15,000 and ended the year with a balance of $195,800.

Accounts receivable decreased $ 13,600

Inventory increased 6,800

Prepaid expenses decreased 2,700

Accounts payable increased* 21,400

Salary payable increased 1,500

Accrued liabilities decreased 4,300

Income tax payable increased 800

Acquisition of property, plant, and equipment 46,000

Issuance of common shares 125,000

Cash received from sale of investments 35,000

Collection of loan principal 22,600

Payment of dividends 15,000

Purchased equipment by signing a note payable 20,000

Cash received from sale of Property, plant and equipment 31,700

* Accounts payable all relate to inventory purchases

Prepare the cash flow statement for Ryder Corporation for the year ended December 31, 2014, using the direct method, and include a schedule of noncash investing and financing activities if necessary.

Ryder Corporation

Cash Flow Statement

For the Year Ended December 31, 2014

Cash flows from operating activities:

Receipts:

Cash flows from investing activities:

Cash flows from financing activities:

Net increase in cash

Cash balance, December, 31, 2013

Cash balance, December 31, 2014