Mackey Limited reported the following selected balances: Account Title 20X4 20X3 Machinery Accumulated depreciation, machinery* Bonds payable* $ 220,000 (78,800) (127,500) (318,800) (191,300) |(227,700) $361,200 (136,500) (190,700) (495,900) (31,900) (298,200) Common shares* Preferred shares* Retained earnings* *Brackets denote a credit balance. Other information: 1. There was a stock dividend of $31,900 on common shares and a cash dividend of $44,700 2. Of the preferred shares, $63,900 were retired for cash, and $95,900 were converted into bonds payable. 3. Some common shares were issued for cash during the period. 4. Machinery with a net book value of $35,800 and an original cost of $62,100 was sold during the year at a loss of $1,400. Other machinery was purchased for cash 5. Any unexplained change in the accounts should be assumed to be because of logical transactions. Required: Prepare a partial statement of cash flows using indirect method. (Dedu minus sign.) MACKEY LTD. Partial Statement of Cash Flows For the year ended 31 December 20X4 Operating activities: Investing activities: Financing activities: Select the transactions that are not included in the SCF. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) ?Depreciation expense ? Stock dividends ?Preferred shares converted to bonds payable ? Preferred shares retired ?Cash dividend paid