he comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 20Y8 and 20Y7, is as follows:

		Dec. 31, 20Y8		Dec. 31, 20Y7
Assets
Cash		$66,200		$81,210
Accounts receivable (net)		101,720		109,470
Inventories		145,300		135,690
Prepaid expenses		5,920		4,110
Equipment		296,000		243,100
Accumulated depreciation-equipment		(76,960)		(59,620)
	Total assets	$538,180		$513,960
Liabilities and Stockholders' Equity
Accounts payable (merchandise creditors)		$113,020		$107,420
Mortgage note payable		0		154,190
Common stock, $1 par		18,000		11,000
Paid-in capital: Excess of issue price over par-common stock		278,000		145,000
Retained earnings		129,160		96,350
	Total liabilities and stockholders equity	$538,180		$513,960

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

1. Net income, $83,990.
2. Depreciation reported on the income statement, $37,520.
3. Equipment was purchased at a cost of $73,080, and fully depreciated equipment costing $20,180 was discarded, with no salvage realized.
4. The mortgage note payable was not due for six years, but the terms permitted earlier payment without penalty.
5. 7,000 shares of common stock were issued at $20 for cash.
6. Cash dividends declared and paid, $51,180.

Required:

Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments.

Yellow Dog Enterprises Inc.
Statement of Cash Flows
For the Year Ended December 31, 20Y8
Cash flows from operating activities:
	$fill in the blank 2
Adjustments to reconcile net income to net cash flow from operating activities:
	fill in the blank 4
Changes in current operating assets and liabilities:
	fill in the blank 6
	fill in the blank 8
	fill in the blank 10
	fill in the blank 12
Net cash flow from operating activities		$fill in the blank 13
Cash flows from investing activities:
	$fill in the blank 15
Net cash flow used for investing activities		fill in the blank 16
Cash flows from financing activities:
	$fill in the blank 18
	fill in the blank 20
	fill in the blank 22
Net cash flow used for financing activities		fill in the blank 23
		$fill in the blank 25
Cash at the beginning of the year		fill in the blank 26
Cash at the end of the year		$fill in the blank 27

Statement of Cash Flows-Indirect Method @ The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 2048 and 2017, is as follows: Dec. 31, Dec. 31, 2047 2018 Assets Cash $66,200 $81,210 Accounts receivable (net) 101,720 109,470 Inventories 145,300 135,690 Prepaid expenses 5,920 4,110 Equipment 296,000 243,100 Accumulated depreciation equipment (76,960) (59,620) Total assets $538,180 $513,960 Liabilities and Stockholders' Equity $113,020 Accounts payable (merchandise creditors) Mortgage note payable 0 $107,420 154,190 11,000 Common stock, $1 par Paid-in capital: Excess of issue price over par-common stock Retained earnings 18,000 278,000 145,000 129,160 96,350 Total liabilities and stockholders' equity $538,180 $513,960 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, $83,990. b. Depreciation reported on the income statement, $37,520. c. Equipment was purchased at a cost of $73,080, and fully depreciated equipment costing $20,180 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. 7,000 shares of common stock were issued at $20 for cash. f. Cash dividends declared and paid, $51,180. Required: Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments. Yellow Dog Enterprises Inc. Statement of Cash Flows For the Year Ended December 31, 20Y8 Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: Old Changes in current operating assets and liabilities: Net cash flow from operating activities Cash flows from investing activities: ] 100 0000 1000 Net cash flow used for investing activities Cash flows from financing activities: Net cash flow used for financing activities Cash at the beginning of the year Cash at the end of the year