Ly Assignment 5 (Question 3) ~ Lyryx Learning Inc - Google Chrome - X lifa1.lyryx.com/student-servlets/LabServlet?ccid=11218 Vision Consulting Inc. began operations on January 1, 2013. Its adjusted trial balance at December 31, 2014 and 2015 is shown below. Other information regarding Vision Consulting Inc. and its activities during 2015 follow in (a) through (e) : a. Assume all accounts have normal balances. b. Equipment was sold for cash of $49,000 c. Old machinery was sold for cash of $15,800. New machinery was purchased for $35,000 cash. d. Share capital was issued for cash. e. Cash dividends were declared and paid. Using the information provided, prepare a statement of cash flows (using the indirect method) for the year ended December 31, 2015. Vision Consulting Inc. (select one) Adjusted Trial Balance Statement of Cash Flows December 31 (select one) Account 2015 2014 X H H Accounts Payable 80,530 71,000 X H H Accounts Receivable. 58,500 62,000 Accumulated Depreciation, Equipment 5,800 59,500 Accumulated Depreciation, Machinery. 7,200 58,000 Allowance for Doubtful Accounts. 5,500 4,000 X + + Depreciation Expense, Equipment.. 11,400 11,400 Depreciation Expense, Machinery 6,900 6,900 Cash. 299,770 255,000 Cash Dividends. 56,000 56,000 Equipment 35,900 147,000 Machinery. 64,300 104,000 Merchandise Inventory. 92,650 84,500 Long-term Notes Payable. 53,050 61,000 Other Expenses (including losses) 580,000 45,000 Retained earnings 59,000 50,000 Revenues (including gains). 623,300 128,300 Share capital. 328,000 303,000 Unearned Revenue 43,040 37,000 Type here to search O 2'C Mostly clear ^ O D ( () ENG 21:50 15-11-2021