7- 7 Effects of Changes in Receivable Balances on Statement of Cash Flows Stegner Inc. reported net income of $ 130,000 for the year ended December 31, 2008. The follow-ing items were included on Stegners balance sheets at December 31, 2008 and 2007: 12/ 31/ 08 12/ 31/ 07 Cash $ 105,000 $110,000 Accounts receivable 223,000 83,000 Notes receivable 95,000 100,000 Stegner uses the indirect method to prepare its statement of cash flows. Stegner does not have any other current assets or current liabilities and did not enter into any investing or financing activi-ties during 2008. Please answer the following question in Excel. 1. Prepare Stegners 2008 statement of cash flows