Barton Publication Company, Inc., has the following comparative balance sheet as of March 31, 2014.

Selected transaction data for the year ended March 31, 2014, include the following:
a. Net income................................................................................................. $ 76,600
b. Paid long- term note payable with cash...................................................... $ 59,400
c. Cash payments to employees.................................................................... $ 42,700
d. Loss on sale of land.................................................................................... $ 9,700
e. Acquired equipment by issuing long- term note payable.......................... $ 13,600
f. Cash payments to suppliers....................................................................... $ 147,400
g. Cash paid for interest................................................................................. $ 2,900
h. Depreciation expense on equipment......................................................... $ 13,100
i. Paid short- term note payable by issuing common stock........................... $ 5,700
j. Paid cash dividends.................................................................................... $ 45,600
k. Received cash for issuance of common stock............................................ $ 2,000
l. Cash received from customers................................................................... $ 298,200
m. Cash paid for income taxes........................................................................ $ 11,600
n. Sold land for cash....................................................................................... $ 51,800
o. Interest received (in cash)........................................................................... $ 1,300
p. Purchased long- term investment for cash.................................................. $ 3,000

Requirements
1. Prepare the statement of cash flows for Barton Publication Company, Inc., for the year ended March 31, 2014, using the indirect method for operating cash flows. Include a schedule of noncash investing and financing activities. All of the current accounts, ­except short- term notes payable, result from operating transactions.
2. Also prepare a supplementary schedule of cash flows from operations using the directmethod.

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Barton Publication Company,Inc. Comparative Balance Sheets December 31, 2014 and 2013 Increase Decrease) Assets 2014 013 5 Current assets 6 Cash 7 Accounts receivable 8 Invento 9 Prepaid insurance 10 Total current assets 40,700 55,200 51500 14,500 53,700 60 3700 175,300 4,700 1700 5,400 12 Land 13 Equipment, net 14 Investments 15 Total assets 34,500 71,300 61,500 70,800 3,000 290,600 S 307.100 16 17 18 Current liabilities: 19 Accounts payable 20 Note pay able, short-term 21 Income tax payable 22 Salary payable 23 Interest payable 24 Accrued liabilities Liabilities 4400 3300 48,800 15400 12,900 100 400 43,100 14,000 9,900 8,300 200 80,900 S 3,000) 1,500 3,100 25 Total current liabilities 26 27 Long-term iabilities 28 Total labilities 29 30 31 Common stock 32 Retained eamings 33 Total stockholders equity 34 35 Total iabilities and equity 36 47,800 93,600 183,900 (45,800 $128700 Stockholders equity 69,000 92,900 61 61,900 900 S123,200 61300 7700 31,000 5 29060015 307,100