Avatar Company uses the direct method to prepare its statement of cash flows. Please refer to the following financial statement information for the year 2014:
Please prepare the operating activities section of the statement of cash flows, using the direct method. Please use the following format:
Definitions:
Balanced Power
A situation in international relations where power is distributed among various nations so that no single nation can dominate or interfere significantly with others.
Supreme Court
The highest federal court in the United States, consisting of nine Justices and having ultimate jurisdiction over all federal court cases and state court cases involving issues of federal law or the Constitution.
Wagner Act
A foundational piece of labor legislation passed in 1935 in the United States that established the rights of workers to unionize and engage in collective bargaining.
Popular Front
A broad coalition of different political groups united for a common goal, especially against fascism in the 1930s.
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