PLEASE ANSWER IN FULL!!!

Statement of Cash Flows-Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31, 2049 and 2078, is as follows: Dec. 31, Dec. 31, 2049 20Y8 Assets Cash Accounts receivable (net) $284,360 103,010 290,800 $266,960 95,880 283,890 109,980 Inventories Investments Land 0 0 149,160 320,850 (75,110) Equipment Accumulated depreciation equipment Total assets 250,980 (67,680) $940,010 $1,073,070 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $194,230 $185,180 Accrued expenses payable (operating expenses) 19,320 24,440 Dividends payable 10,730 8,460 Common stock, $10 par 57,950 46,060 Pald-in capital in excess of par-common stock 217,830 127,840 Retained earnings 573,010 548,030 Total liabilities and stockholders' equity $1,073,070 $940,010 Additional data obtained from an examination of the accounts in the ledger for 2019 are as follows: Additional data obtained from an examination of the accounts in the ledger for 2049 are as follows: a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year, c. The investments were sold for $128,680 cash. d. The common stock was issued for cash e. There was a $69,160 credit to Retained Earnings for net income. t. There was a $44,180 debit to retained Earnings for cash dividends declared. Required: Prepare a statement of cash flows, using the Indirect method of presenting cash flows from operating activities. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Merrick Equipment Co. Statement of Cash Flows For the Year Ended December 31, 2049 Cash flows from (used for) operating activities Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and tabilities: Net cash flow from operating activities Cash flows from used for) Investing activities Cash flows from (used for) operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: Net cash flow from operating activities Cash flows from (used for) Investing activities: Net cash flow used for investing activities Cash flows from (used for) financing activities: Net cash flow from financing activities Cash balance, January 1, 2019 Cash balance, December 31, 2049