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Use the Segura Corporation financial statements and supplementary information given below to prepare a statement of cash flow for the year ended December 31, 2014

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Use the Segura Corporation financial statements and supplementary information given below to prepare a statement of cash flow for the year ended December 31, 2014 using the Indirect method Additional Information a Parchased machinery for $35.000 cash Sold the long-term investment on January 1, 2014 for $54.000 Sold machinery for $12.500 cash that had originally cout 549.000 and had 536,500 of accumulated depreciation d Issued 529,000 of bonds payable at face value .. The short-term investment is a treasury bill that was purchased with maturity in 90 days Segura Corporation Comporte Balance Sheet information December 31 Assets 2014 2013 Cash 82.700 150,000 Short-term investments 21,000 10,000 Accounts receivable 100,800 65.000 Merchandise inventory 329,300 222.000 Long term investment 0 36.000 Machinery 216.000 230,000 Accumulated depreciation (140,500) 4140,000) Total assets 609 300 573,000 secrew soment of Catho nel Cash flows from operating activities Net income 14000 Aquit to reconcile not income to cash provided by operact Depreciation expense 37.000 X Cash flows from investing activities Cash Sows from financing activities Les and Equity Accounts payable Dividends payable Donds payable Share capital Retained eaming Total abates and equity 91.300 25 000 29 000 323 000 141,000 609,300 50,000 37.000 0 323,000 155,000 573,000 Not increase (decrease) in cash Cash at beginning of year Cash at end of you Segura Corporation Income Statement For Year Ended December 31, 2014 Sales 650,000 Cost of Goods Sold 600.000 Depreciation expense 37.000 Other expenses 45,000 (682000) Gain on sale of long-term investment 18.000 Netloss 14.000

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