2. Prepare a statement of cash flows for the year. The following changes took place last year in Pavolik Company's balance sheet accounts: D = Decrease; I = Increase. Long-term investments that had cost the company $23 were sold during the year for $50, and land that had cost $49 was sold for $26. In addition, the company declared and paid $20 in cash dividends during the year. Besides the sale of land, no other sales or retirements of plant and equipment took place during the year. Pavolik did not retire any bonds during the year or issue any new common stock. The company?s income statement for the year follows: The company?s beginning cash balance was $132 and its ending balance was $110