Exercise 13-7 Your answer is partially correct. Try again. Meera Corporation's comparative balance sheets are presented below. MEERA CORPORATION Comparative Balance Sheets December 31 2014 2013 Cash Accounts receivable Land Buildings Accumulated depreciation-buildings(15,140) $14,530 21,370 20,340 69,520 $10,590 23,500 26,080 69,520 (10,230) Total $110,620 $10,620 $119,46o Accounts payable Common stock Retained earnings $12,600 74,560 23,460 $110,620 $28,560 73,330 17,570 $119,460 Total Additional information: 1. Net income was $22,999. Dividends declared and paid were $17,109. 2. All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation. The land was sold for $4,870. (a) Prepare a statement of cash flows for 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).)