Problem 14-21A (Algo) Using financial statements to prepare a statement of cash flows-direct method LO 14-2, 14-3, 14-4 The following financial statements were drawn from the records of Solomon Shoes: Additional Information 1. Sold equipment costing $106,300 with accumulated depreciation of $79,500 for $24,330 cash. 2. Paid a $13,864 cash dividend to owners. required: Analyze the data and prepare a statement of cash flows using the direct method. (Amounts to be deducted and cash outflows should pe indicated by a minus sign.)