The Balance Sheets for Jenson Company, for the Years Ended

question 96

Essay

The balance sheets for Jenson Company, for the years ended December 31, 2014 and 2013, are as follows:
The income statement for the current year is as follows:
Additional information:
Required: Prepare a statement of cash flows, using the indirect method.

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Definitions:

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Soft-money Contributions

Unregulated, indirect contributions made to political parties for general support purposes, not directly tied to the endorsement of specific candidates, which became more restricted in U.S. politics by the Bipartisan Campaign Reform Act of 2002.

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