F 1. Depreciation expense was $15.700. 2. Dividends declared and pald were 525.100. 3. During the year, equipment was sold for S8.800 cash. This equipment orieinally cost \$18.200 and had accumulated depreciation of $9.400 at the time of sale 4. Bonds were redeemed at thair carryingvalue. 5. Commonstock was lsstied at par for cash: Additional data: 1. Depreciation expensewas $15,700. 2. Dividends declared and paid were $25.100. 3. During the year, equipment was sold for $8,800cash. This equipment originaily cost $18,200 and had accumulated depreciation of $9,400 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash. Further analysis reveals the following 1. Accounts payabie pertain to merchandise suppliers. 2. All oberating espenses except for depreciation were paid in cash. 3. All depreciation expense is in the selling expense citegory. 4. All sales and inventory purchases are on account. Prepare a statement of cash fiows for Waterway Company using the direct method. (Show amounts that decrease cash foy with > 7 Frete cash flow 5