Flagship Company has the following information collected in order to prepare a cash flow statement and uses the indirect method for Cash Flow from Operations.The annual report year end is December 31,2014. 
Required:
1.Prepare the Cash Flow for Operations part of the cash flow statement for Flagship for the year ended December 31,2014.
Definitions:
Improved Acceptance
Enhanced approval or agreement with an idea, product, or change by a wider audience.
Effective Teams
Groups of individuals working collaboratively towards a common goal, characterized by clear communication, mutual support, and strong coordination.
Clear Sense
The ability to understand or interpret something in a way that is free from doubt or ambiguity.
Consensus
General agreement among all members of a group or team.
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