Use the ABC Inc financial statements and supplementary information given below to prepare a statement of cash flows for the year ended December 31, 2014, using the indirect method Additional Information: a Purchased machinery for $27,000 cash b. Sold the long-term investment on January 1, 2014 for $38,000 c. Sold machinery for $10,000 cash that had originally cost $41,000 and had $25,000 of accumulated depreciation d. Issued $44,000 of bonds payable at face value e. The short-term investment is a treasury bill that was purchased with maturity in 90 days (select one) Statement of Cash Flows (select one) Cash flows from operating activities Adjust to reconcile net income to cash provided by operact ABC Inc Comparative Balance Sheet Information December 31 Assets 2014 2013 Cash 245,800 180,000 Short-term investments 147,000 140,000 Accounts receivable 102,800 82,000 Merchandise inventory 35,300 24,000 Long term investment 0 26,000 Machinery 156,000 170,000 Accumulated depreciation (125,000) (120,000) Total assets 561,900 502,000 Cash flows from investing activities Cash flows from financing activities X 5 74,000 41,000 Net increase (decrease) in cash Cash at beginning of year Cash at end of year Liabilities and Equity Accounts payable Dividends payable Bonds payable Share capital Retained earnings Total liabilities and equity 45,900 20,000 44,000 268,000 184,000 561,900 268,000 119,000 502.000 TOPISTA 19C Mostly sunny AD 9:01 AM B/14/2021 Torshamn occorrectan bara VATTE