instructions I help Mini Homwork Exercises Save & Ext Subm Question 8 fof 8 3.75 points M8-10 Preparing the Statement of Cash Flows LO8-7 Garrett Company had the foilowing acthities for a recent year ended December 31: Soid land that cost $23 ,000 for $23,000 cash: purchased $187,000 of equipment, paying $148,000 in cash and signing a note payable for the rest and recorded $6.300 in depreciation expense for the year. Net income for the year was $21.000 Prepare the operating and investing sections of a statement of cash fnows for the year based on the data provided (List eash outiows as negative amounts.) Excerpts from Staternent of Cash Flows For the Year Ended December 31 Cash flows from operating activities Cash fows from investing activities References Book & Resources Financial Statements Dkuty 1 Easy 3:58 PM 0/27/2018 40