Vision Consulting Inc. began operations on January 1, 2013. Its adjusted trial balance at December 31, 2014 and 2015 is shown below. Other information regarding Vision Consulting Inc. and its activities during 2015 follow in (a) through (e) :

1. Assume all accounts have normal balances.
2. Equipment was sold for cash of $30,600.
3. Old machinery was sold for cash of $37,200. New machinery was purchased for $21,000 cash.
4. Share capital was issued for cash.
5. Cash dividends were declared and paid.

Using the information provided, prepare a statement of cash flows (using the indirect method) for the year ended December 31, 2015.

Question 6 [25 points) Vision Consulting Inc. began operations on January 1, 2013. Its adjusted trial balance at December 31, 2014 and 2015 is shown below. Other information regarding Vision Consulting Inc. and its activities during 2015 follow in (a) through (e): a. Assume all accounts have normal balances. b. Equipment was sold for cash of $30,600. c. Old machinery was sold for cash of $37,200. New machinery was purchased for $21,000 cash. d. Share capital was issued for cash. e. Cash dividends were declared and paid. Using the information provided, prepare a statement of cash flows (using the indirect method) for the year ended December 31, 2015. (select one) Statement of Cash Flows (select one) Vision Consulting Inc. Adjusted Trial Balance December 31 Account 2015 2014 Accounts Payable 80,430 67,000 Accounts Receivable 57,500 72,000 Accumulated Depreciation, Equipment 1,300 56,500 Accumulated Depreciation, Machinery. 5,800 63,000 Allowance for Doubtful Accounts 5,500 11,000 Depreciation Expense, Equipment 5,500 5,500 Depreciation Expense, Machinery 6,100 6,100 Cash 205,830 205,000 Cash Dividends. 70,000 70,000 Equipment 10,300 103,000 Machinery. 36,700 113,000 Merchandise Inventory. 264,030 217,500 Long-term Notes Payable 69,590 85,000 Other Expenses (including losses). 680,000 15,000 Retained earnings 86,000 86,000 Revenues (including gains). 711,600 96,600 Share capital 338,000 293,000 Unearned Revenue 37,740 49,000