Use the following financial statements and additional information to
(1) Prepare a statement of cash flows for the year ended December 31, 2014, using the indirect method,
(2) Analyze and briefly discuss the statement prepared in part 1 with special attention to operating activities and to the company's cash level.
![557_267-B-M-A-S-C-F (2052).png](https://secure.tutorsglobe.com/CMSImages/557_267-B-M-A-S-C-F (2052).png)
Additional Information:
a. No dividends are declared or paid in 2014.
b. Issued additional stock for $ 10,000 cash in 2014.
c. Purchased equipment for cash in 2014; no equipment was sold in2014