Question: ----------------------------- 2- Presented below are data taken from the records of Alee Company December 31 December 31 2014 2013 Cash Current assets other than cash

 ----------------------------- 2- Presented below are data taken from the records of

Alee Company December 31 December 31 2014 2013 Cash Current assets other

than cash Long-term investments Plant assets $14,650 84,570 9,280 334,880 $443,380 $10,310

-----------------------------

2- 58,330 53,240 215,250 $337,130 $40,000 22,420 Accumulated depreciation Current liabilities Bonds payable

Presented below are data taken from the records of Alee Company December 31 December 31 2014 2013 Cash Current assets other than cash Long-term investments Plant assets $14,650 84,570 9,280 334,880 $443,380 $10,310 58,330 53,240 215,250 $337,130 $40,000 22,420 Accumulated depreciation Current liabilities Bonds payable Capital stock Retained earnings $20,410 39,680 74,550 252,200 56,540 $443,380 252,200 22,510 $337,130 Additional information: 1. Held-to-maturity securities carried at a cost of $43,960 on December 31, 2013, were sold in 2014 for $33,200. The loss (not extraordinary) was incorrectly charged directly to Retained Earnings. 2. Plant assets that cost $60,040 and were 80% depreciated were sold during 2014 for $7,590. The loss (not extraordinary) was incorrectly charged directly to Retained Earnings 3. Net income as reported on the income statement for the year was $59,310 4. Dividends paid amounted to $10,102 5. Depreciation charged for the year was $28,442 Prepare a statement of cash flows for the year 2014 using the indirect method. (Show amounts that decrease cash flow with either a sign e.g. -15,000 or in parenthesis e.g. (15,000).)

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