Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20Y8 are as follows:

A.	Net income, $190,000.
B.	Depreciation reported on the income statement, $115,000.
C.	Equipment was purchased at a cost of $395,000, and fully depreciated equipment costing $75,000 was discarded, with no salvage realized.
D.	The mortgage note payable was not due for six years, but the terms permitted earlier payment without penalty.
E.	40,000 shares of common stock were issued at $15 for cash.
F.	Cash dividends declared and paid, $50,000.

Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. Be sure to complete the heading of the statement. Use the minus sign to indicate cash outflows, decreases in cash and a net cash outflow for each section, if required, and enter in the order listed on the Instructions page.

The comparative balance sheet of Yellow Dag Enterprises Inc. at December 31, 20YB and 20Y7, is as follows Dec. 31, 20Y Dec31, 207 Assets | Cash Accounts receivable (net) Merchandise inventory Prepaid expenses Equipment Accumulated depreciation-equipment 00000$100,000.00 300,000.00 400,000.00 10,000.00 750,000.00 (200,000.00)| 160,000.00 1,750,000.00 1400,000.00 275,000.00 510,000.00 15,000.00 1,070,000.00 Total assets Liabilities and Stockholders Equity 000000 $90,000.00 400,000.00 200,000.00 100,00000 610,000.00 1,750,000.00 $1,400,000.00 Accounts payable (merchandise creditors) Mortgage note payable 13 1 Common stock, $10 par 14 Paid-in capital: Excess of issue price over par-common stock 5Retained eamings 5 Totalliabilities and stoccholders equity 0.00 600,000.00 500,000.00 7500000 10,0000