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Additional data obtained from an examination of the accounts in the ledger for 20Y9 are as follows: a. Equipment and land were acquired for cash.

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Additional data obtained from an examination of the accounts in the ledger for 20Y9 are as follows: a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year. c. The investments were sold for $104,120 cash. d. The common stock was issued for cash. e. There was a $54,940 credit to Retained Earnings for net income. f. There was a $35,750 debit to Retained Earnings for cash dividends declared. Additional data obtained from an examination of the accounts in the ledger for 20 are as follows: a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year. c. The imvestments were sold for $104,120 cash. d. The common stock was issued for cash. e. There was a $54,940 credit to Retained Earnings for net income. 1. There was a $35,750 debit to Retained Earnings for cash dividends deciared. Required: Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Use the minus sign to indieate cash outflows, cast payments, decreases in cash, or any negative adjustments. mind

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