Paid-in capital: Excess of issue price over par-common stock Retained earnings 2,000 192,000 229,560 128,860 $713,370 $681,980 Total liabilities and stockholders' equity 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, $257,790 b. Depreciation reported on the income statement, $49,670. c. Equipment was purchased at a cost of $96,540, and fully depreciated equipment costing $26,770 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. 8,000 shares of common stock were issued at $16 for cash. f. Cash dividends declared and paid, $157,090 Required: Prepare a statement of cash flows, using the indirect method. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Yellow Dog Enterprises Inc. Statement of Cash Flows For the Year Ended December 31, 20Y8 activities