(Learning Objective 5: Construct

(Learning Objective 5: Construct a statement of cash flows) Guling Legal Services, Inc., ended 2013 with cash of $15,000. During 2014, Guling earned net income of $75,000 and had adjustments to reconcile net income to net cash provided by operations totaling $8,000 (this is a negative amount). Guling paid $29,000 to purchase equipment during 2014. During 2014, the company paid dividends of $31,000. Prepare Guling’s statement of cash flows for the year ended December 31, 2014, complete with its proper heading