Please answer the question providing indirect and direct methods of cash flow, including all the steps. Thanks.

For the year ended December 31. 2014 Expenses Co ofGods Sold 736,000 348,000 297.000 Wages Depreciation Total Operating Expenses Income from Operations Net Loss Selling. Genoral & Administrative Gain on sale of equipment Interest Expense (4,281,000) 20,000 (61,000) 125.00 - All depreciation is charged directly to depreciation expense In July 2014, Orca sold equipment for $50,000. The equipment originally cost $230,000 and had a book value of $30,000 at the time of sale. In August 2014, Orea borrowed money from the bank to use toward the purchase of new equipment. No principal repayments were made during the year. . In September 2014, Orca sold land at an amount equal to its original cost. No lan was purchased during the year Dividends were declared and paid during the year. The company did not repurch common stock during the year. 10