Dec. 31, 20Y3 Dec. 31, 20Y2 1 2 Assets 3 Cash $626,100.00 $585,190.00 4 Accounts receivable (net) 228,630.00 208,060.00 5 Inventories 641,030.00 617,620.00 6 Investments 0.00 239,830.00 7 Land 328,160.00 0.00 705,110.00 553,850.00 8 Equipment 9 Accumulated depreciation equipment (166,840.00) (147,700.00) 10 Total assets $2,362,190.00 $2,056,850.00 11 $423,690.00 $404,660.00 Liabilities and Stockholders' Equity 12 Accounts payable (merchandise creditors) 13 Accrued expenses payable (operating expenses) 14 Dividends payable 15 Common stock, 54 par 42,340.00 53,240.00 23,050.00 18,680.00 156,000.00 93,000.00 16 Paid-in capital: Excess of issue price over par-common stock 417,000.00 279,200.00 17 Retained earnings 1,300,110.00 1,208,070.00 18 Total liabilities and stockholders' equity $2,362,190.00 $2,056,850.00 Additional data obtained from an examination of the accounts in the ledger for 20Y3 are as follows: A. The investments were sold for $279,300 cash. B. Equipment and land were acquired for cash. C. There were no disposals of equipment during the year. D. The common stock was issued for cash. E There was a $188,740 credit to Retained Earnings for net income. F. There was a $96,700 debit to Retained Earnings for cash dividends declared. Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Refe