The comparative balance sheet for Dream Travel Services, Inc., for December 31, 2014 and 2013, is as follows:

The following information is taken from the records of Dream Travel Services, Inc.:
a. Land was sold for $ 8,100.
b. Equipment was purchased for cash.
c. There were no disposals of equipment during the year.
d. The common stock was issued for cash.
e. Net income for 2014 was $ 37,000.
f. Cash dividends paid during the year were $ 7,000.
Dream Travel Services, Inc., uses the indirect method for preparing the statement of cash flows. Prepare the operating section of the statement of cash flows for2014.

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Dream Travel Services, Inc. Comparative Balance Sheets December 31, 2014 and 2013 Assets 2014 2013 5 Current assets 6 Cash 7 Accounts receivable 8 Inventory 9 Propaid irsuranca 10 Total current assets 42,000 18,000 8,000 56,000 11,000 187,000 135000 108,000 15115,000 78,000 12 land 13 Equipment 14 tess: Accumulated depreciation 15 Total assets S 355000 5 30 Labilities 18 Current liabilities 19 Accounts pay able 20 Wages payable 21 Interest pay able 22 Income taxes payable 23 Total current liabilities 24 25 Notes payable (long term) 26 Total liabilities 27000 4,000 30,000 23,000 14,000 85,000 S 90,000 75,000 72,000 157,000 $130,000 S123,000 143,000 300,000 Stockholders equity 29 Common stodk 30 Retained earnings 31 Total stockholders' equity 32 33 Total liabilities and equity 34 180,000S 355,000 S