instruction The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 2018 and 2077, is as follows: Dec 31, 2018 Dec 31, 2017 Als Gith Accounts receivable et $10.00 26000 520.000.00 S100.00 11000000 ories 450,000.00 Pexpenses 300 DO DO 15.00 1:10 OBO (235.000.00 51.735.000.00 110.000.00 51.455.000.00 $100,000.00 Equipment Acumulated depreciation equipment Totalt Liabilities and Stockholders Equity Accounts payable merchandise creditots) Mortgage note payable Common stock $10 gr Palt-in capital in excess of par-common stock Retained Gaming Total abilities and stockholders equity $75.000.00 500,000.00 500.000.00 200 0000 400.000 100.000.00 785.000.00 $175,000.00 550,000.00 $1,455.000.00 1 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 $250,000 b. Depreciation reported on the income utetement. 135,000. C. Equipment was purchased at a cost of $420,000 and fully depreciated equipment costing $90.000 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 6.30,000 shares of common stock were issued at $20 for cash 1. Cash dividends declared and paid $45.000 Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. Be sure to complete the heading of the statement. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Prepare a statement of cash flows, using the indirect method of presenting cats from cote Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries Be sure to complete the heading of the statement. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments Yellow Dog Christine Statement of Cash Flow Cashows housed for operating the Adjustments to reconcite et income to net cash flow from operating activities Changes in current operating assets and liabilities 10 11 Cash flows from used for) investing activities 13 1 a Cash flows from (used for financing activities 11 19 20 21 22 Cash balance, January 1, 20Y8 21 Cash balance, December 31, 2048