Practice Problem parative balance sheet for Meyerson Industries is given below: Meyerson Industries Comparative Balance Sheet December 31, 2014 and 2013 2013 balance dd $ 20,000 Assers Cash Accounts receivable Merchandise inventory Land, buildings, and equipment Accumulated depreciation--buildings and equipment Total assets 2014 $ 50,000 100,000 30,000 325,000 92,000 43,000 200,000 +++ (75,000) $430,000 (50,000) $305,000 --- Liabilities and Stockholders' Equity Accounts payable Common stock ($25 par) Paid-in capital in excess of par Retained earnings Total liabilities and stockholders' equity $ 75,000 275,000 50,000 30,000 $430,000 $ 85,000 200,000 0 20,000 $305,000 ---- Additional data from the company's records were: (a) On July 1, 2014, exchanged 3,000 shares of common stock for equipment. (b) On December 31, 2014, paid cash dividends of $40,000 and income taxes of $10,000 Prepare a cash flow statement for Meyerson Industries for the year ended December 31, 2014, using the indirect method. Include any necessary supplemental disclosures