Instructions The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 20Y8 and 2077, is as follows: Dec 31, 20Y8 Dec 31, 2017 2 Assets 3 Cash $95,000.00 $110,000.00 4 Accounts receivable (net) 260,000.00 280,000.00 5 Inventories 520,000.00 450,000.00 & Prepaid expenses 15,000.00 5,000.00 Equipment 1.130,000.00 800.000,00 Accumulated depreciation equipment 1235.000.00) (190,000.00 Instructions 9 Total assets $1,785,000.00 $1,455,000.00 10 Llabilities and Stockholders' Equity 11 Accounts payable (merchandise creditors) $100,000.00 $75,000.00 0.00 500,000.00 12 Mortgage note payable 13 Common stock, $10 par 500,000.00 200,000.00 14 Paid-in capital in excess of par-common stock 400,000.00 100,000.00 15 Retained earnings 785,000.00 580,000.00 16 Total Liabilities and stockholders' equity $1.785,000.00 $1,455,000.00 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 statement, $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. e. 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