Equipment was purchased for cash in addition equipment

The comparative balance sheets for Ashley Company as of December 31 are presented below.

ASHLEY COMPANY
Comparative Balance Sheets
December 31
Assets	2013	2012
Cash	$70,600	$45,220
Accounts receivable	43,599	61,607
Inventory	151,897	141,806
Prepaid expenses	15,290	21,335
Land	105,700	130,600
Equipment	228,359	155,043
Acc. depr. - equipment	(45,192)	(35,358)
Building	199,500	199,500
Acc. depr. - building	(59,850)	(39,900)
Total	$709,903	$679,853

Liabilities and Stockholders' Equity
Accounts payable	$47,460	$39,754
Bonds payable	261,050	300,300
Common stock, $1 par	197,650	158,400
Retained earnings	203,743	181,399
Total	$709,903	$679,853

Additional information:

Operating expenses include depreciation expense of $41,747 and charges from prepaid expenses of $6,045.
Land was sold for cash at book value.
Cash dividends of $14,684 were paid.
Net income for 2011 was $37,028.
Equipment was purchased for cash. In addition, equipment costing $22,162 with a book value of $10,199 was sold for $6,272 cash.
Bonds were converted at face value by issuing 39,250 shares of $1 par value common stock.

Instructions: Prepare a statement of cash flows for the year ended December 31, 2013, using the indirect method.

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Equipment was purchased for cash in addition equipment : the comparative balance sheets for ashley company as of december 31 are presented below.ashley companycomparative

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