Given is the Income Statement for the year ended December 31, 20XX, Statement of Retained Earnings for the year ended December 31, 20XX and Comparative Balance Sheets for 20XW and 20XX of Maris Corporation: Prepare a statement of cash flows for the Maris Corporation. (Amounts to be deducted should be indicated with a minus sign. Omit $ sign in your response.) MARIS CORPORATION statement of Cash Flows For the Year Ended December 31, 20xx Operating Activities: Net income Add items not requiring an outlay of cash: Amortization expense $ \begin{tabular}{|l|} \hline \\ \hline \\ \hline \\ \hline \\ \hline \end{tabular} Cash flow from operations Increase in accounts receivable \begin{tabular}{|lr|} \hline \hline Increase in inventory & \\ \hline \hline Decrease in prepaid expenses & \\ \hline \hline Increase in accounts payable \\ \hline \hline Decrease in accrued expenses & \\ \hline \end{tabular} Net Change in non-cash working capital Cash provided by operating activities Investing activities: Cash used in Investing activities Financing activities: \begin{tabular}{|ll|} \hline Increase in bonds payable \\ \hline \hline Preferred stock dividends paid \\ \hline Common stock dividends paid \\ \hline \end{tabular} Cash used in financing activities Net increase in cash Cash, beginning of year Cash, end of year Statement of Retained Earnings For the Year Ended December 31, 20xx Retained earnings, balance, January 1, 20x Add: Earnings avallable to common shareholders, 20xx Deduct: Cash dividends declared and paid in 20xx Retained earnings, balance, December 31, 20xx $840,000 291,000 150,000 $981,000 Comparative Balance Sheets For 20xx and 20xW December 31,20xx December 31,20xw Assets Current assets: Cash Accounts receivable (net) Inventory Prepaid expenses Total current assets Investments (long-term securities) Plant and equipment Less: Accumulated depreciation 2,200,000 \begin{tabular}{r} $120,000 \\ 550,000 \\ 650,000 \\ 30,000 \\ \hline 1,350,000 \\ 100,000 \end{tabular} Net plant and equipment Total assets 975,000 Liabilities and shareholders' Equity Current liabilities: Accounts payable Notes payable Accrued expenses Total current liabilities $2,675,0001,225,000 $105,000 538,000 625,000 60,000 1,328,000 109,000 1,800,000 765,000 $2,472,0001,035,000 Long-term liabilities: Bonds payable, 20XY Total liabilities $419,000 $387,000 500,000 500,000 35,000 55,000 Bonds payable, 20XY Total 1iabilities Shareholders' equity: 954,000 942,000 Preferred stock Common stock 1,104,000150,000 100,000 Retained earnings Total shareholders' equity 90,000500,000981,0001,571,000$2,675,000 1,042,000100,000