Question: Selected financial statement information and additional data for Johnson Enterprises is presented below. Prepare a statement of cash flow for the year ending December 31,

Selected financial statement information and additional data for Johnson Enterprises is presented below. Prepare a statement of cash flow for the year ending December 31, 2014 using the indirect method for operating activity. Additional information: During the year, Johnson sold equipment with original cost of dollar 133,00 and accumulated depreciation of dollar 119,000 in addition to purchasing new equipment. Using the information above, prepare just the operating activity section of the statement of each flows using the direct method

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