could you please show full work step by step? thank you!

PR 16-1B Statement of cash flows-indirect method The comparative balance sheet of Merrick Equipment 20Y8, is as follows: OBJ.2 Co. for December 31, 20Y9 and Dec. 31, 20Y9 Dec. 31,20Y8 Cash Assets $ 47.940 188,190 289,850 102,000 Inventories Investments 207.230 . . . . 295,800 438,600 (99,110) Accumulated depreciation-equipment ..11.760 358,020 $901,680 Liabilities and Stockholders' Equity $194,140 s 205,700 30,600 25,500 202,000 354,000 393,960 26,860 20,400 102,000 204,000 Paid-in capital: Excess of issue price over par-common stock Retained earnings.... 354,280 Total liabilities and stockholders' equity....$1.211.760 5901.680 0Y9 Additional data obtained from an examination of the accounts in the ledger for 2 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 $91,800 cash. d. The common stock was issued for cash. e. There was a $141,680 credit to Retained Earnings for net income. f. There was a $102,000 debit to Retained Earnings for cash dividends declared. Instructions Prepare a statement of cash flows, using the indirct method of presenting cash flows from operating activities