year. HW E5-14 (Preparation of a Statement of Cash Flows) The comparative balance sheets of Constantine Cavamanlis Inc, at the beginning and the end of the year 2014 are as follows. CONSTANTINE CAVAMANLIS INC. BALANCE SHEETS Assets Dec 31, 2014 Jan 1, 2014 Cash $ 45,000 $ 13,000 Accounts receivable 91,000 88,000 Equipment 39,000 22,000 Less: Accumulated depreciation-equipment 17,000 11,000 Total $158,000 $112,000 Liabilities and Stockholders' Equity Accounts payable $ 20,000 $ 15,000 Common stock 100,000 80,000 Retained earnings 38,000 17,000 Total $158,000 $112,000 Inc./Dec. $32,000 Inc. 3,000 Inc. 17,000 Inc 6,000 Inc 5,000 Inc. 20,000 Inc. 21,000 Inc. Net income of $44,000 was reported, and dividends of $23,000 were paid in 2014. New equipment was purchased and none was sold. Instructions Prepare a statement of cash flows for the year 2014