a) Mike Corporation. Accounts Department have compiled the following data for the year ended December 31st, 2019: 35,000 40,000 Payment of dividends Proceeds from issuance of common shares Sales revenue Increase in operating current assets other than cash.. Repurchase of common shares. Cost of goods sold $ 6,000 Other operating expenses.. Purchase of equipment.... 20,000 Decrease in operating current 224,000 liabilities... Payment of note payable 30,000 Proceeds from sale of land. 5,000 Depreciation expense. $100,000 5,000 30,000 60,000 8,000 ended Prepare the operating activities section of Mike's statement of cash flows for the year December 31st, 2019. Please uses the indirect method for operating cash flows. I Answer: Mike Corporation. Statement of Cash flow For Year Ended December 31, 2019 b) State how the statement of cash flows helps investors and creditors perform each of the following functions: ii. Predict future cash flows. Evaluate management decisions