You have been provided the following cash flow activities about Dugald Ltd. for the year ended December 31, 2015. Organize this information into a statement of cash flows. Use Leon’s statement in Exhibit 2.1 as a model. Be sure to provide a reconciliation to the cash balance on December 31, 2015:

Transcribed Image Text:

New bank loan Cash balance on December 31, 2014 $300,000 125,000 Cash balance on December 31, 2015 ? Cash from operations Sale of computer equipment 658,000 125,000 Purchase of marketable securities 480,000 Repayment of mortgage 335,000