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May 2nd, 2019

Using the financial data below, prepare a statement of cash flows for the year ended December 31, 2014 for Summer Peebles, Inc. using the indirect method.professional writing services near me

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Summer Peebles, Inc.
Income Statement Year Ending December 31, 2014

Sales

$1,000.00

Cost of Goods Sold

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-$650.00

Depreciation Expense

-$100.00

Sales and General Expense

-$100.00

Interest Expense

-$50.00

Income Tax Expense

-$40.00

Net Income

$60.00

Summer Peebles, Inc.
Balance Sheets as of December 31, 2013 and 2014

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