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Use the following financial statements and additional information to (1) prepare a statement of cash flows for the year ended December 31, 2014, using the

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Use the following financial statements and additional information to (1) prepare a statement of cash flows for the year ended December 31, 2014, using the indirect method, and (2) analyze and briefly discuss the statement prepared in part 1 with special attention to operating activities and to the company's cash level. a. No dividends are declared or paid in 2014. b. Issued additional stock for $10,000 cash in 2014. c. Purchased equipment for cash in 2014; no equipment was sold in 2014

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