Required
Refer to the information in Problem 17-7B. Prepare a statement of cash flows for 2014 using the direct method to report cash inflows and outflows from operating activities.
Other information:

a. All accounts payable balances result from merchandise purchases.
b. All sales are credit sales.
c. All credits to accounts receivable are receipts from customers.
d. All debits to accounts payable result from payments for merchandise.
e. All other expenses are cashexpenses.

Taplmmune Inc. Post-Closing Trial Balance (millions of dollars) Taplmmune Inc. Income Statement For Year Ended December 31, 2014 (millions of dollars) December 31 2014 Cash 54 276 408 Property, plant and equipment.6,900 Accumulated depreciation..3,699 2013 129 372 261 8,976 4,125 309 405 Account Revenues: $26,700 Sales.... Cost of goods sold...$19,500 Depreciation expense.. Receivables Expenses 7,050 1,350 27,900 S 1,200 Total expenses. Accounts payable. Accrued liabilities 318 141 Bonds payable.1,200 600 2,100 2,700