The following data apply to Riverside Hospital, a not-for-profit organization.
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a. Summarized cash receipts showed cash received from the following:
b. Summarized cash payments showed cash paid to the following:
c. Donation of cash received with donor restriction that it be permanently restricted. Income may be used for replacement of equipment.
d. Bonds payable that would have matured in two years were retired on an interest date at a face value of .
e. The cash balance on January 1,2014, was . On December 31,2014 , the cash balance was . Required:
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Using the direct method, prepare a statement of cash flows for the year ended December 31, 2014.?
Correct Answer:
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