Please answer this question with the work you did to get it. This is all one question it judt doesnt fit in one picture. Also please make sure the whole problem fits in the picture , sometimes it cuts the answers off. Thank you!!!

Statement of Cash Flows-indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31, 2019 and 20Y8, is as follows: Dec. 31, 2019 Dec. 31, 2018 Assets Cash $212,620 $230,160 83,380 76,360 Accounts receivable (net) Inventories Investments 235,370 226,110 0 87,590 120,730 0 Land Equipment Accumulated depreciation-equipment Total assets 259,690 (60,800) $868,530 199,890 (53,900) $748,670 Liabilities and Stockholders' Equity $157,200 $147,490 15,630 19,470 Accounts payable Accrued expenses payable Dividends payable Common stock, $10 par Paid-in capital: Excess of issue price over par-common stock 8,690 6,740 36,680 46,900 176,310 101,820 Paid-in capital: Excess of issue price over par-common stock 176,310 101,820 Retained earnings 463,800 436,470 Total liabilities and stockholders' equity $868,530 $748,670 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 $78,830 cash. d. The common stock was issued for cash. e. There was a $62,520 credit to Retained Earnings for net income. f. There was a $35,190 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 operating activities: Net income Adjustments to reconcile net income to net cash flow from operating activities: Depreciation Loss on sale of investments Changes in current operating assets and liabilities: Increase in accounts receivable 1 Merrick Equipment Co. Statement of Cash Flows For the Year Ended December 31, 2049 Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash flow from operating activities: Depreciation Loss on sale of investments Changes in current operating assets and liabilities: Increase in accounts receivable Increase in inventories Increase in accounts payable Decrease in accrued expenses payable Net cash flow from operating activities Cash flows from (used for) investing activities: Cash from sale of investments Cash used for purchase of land Cash used for purchase of equipment Net cash flow used for investing activities Cash flows from (used for) financing activities: Cash from sale of common stock Net cash flow from operating activities Cash flows from (used for) investing activities: Cash from sale of investments Cash used for purchase of land Cash used for purchase of equipment Net cash flow used for investing activities Cash flows from (used for) financing activities: Cash from sale of common stock Cash used for dividends Net cash flow from financing activities Increase in cash Cash at the beginning of the year Cash at the end of the year