Instructions Labels and Amount Descriptions Statement of Cash Flows Instructions 12 Mortgage note payable 0.00 $36,600.00 13 Common stock, $10 par 250,000.00 200,000.00 34 Paid-in capital: Excess of issue price over par-common stock 410,000.00 $10,000.00 25 Retained earnings 289,920.00 51,250.00 16 Total liabilities and stockholders' equity $1,190,560.00 $1,135,130.00 Additional data obtained from the income statement and from an examination of the accounts in the ledger for 2018 are as foliows A. Net income, $391,590 B. Depreciation reported on the Income statement, $83,790 C. Equipment was purchased at a cost of $162,330 and fully depreciated equipment costing $44,900 was discarded, with no salvage realized. 0. The mortgage note payable was not due for six years, but the terms permitted earlier payment without penalty E. 5,000 shares of common stock were issued at $30.00 for cash F. Cash dividends declared and paid, $152,900 WADE GEN Timeline of My Life. 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 ording 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 my negative adjustments. My Work MacBook Ale Previous Email Instructor Save and Exit Submit Assignment for Grading