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Condensed comparative balance sheets of Garrett Company at December 31, Years t and 2 , are as follows: In addition, assime that equipment costing $125,000 was purchased for cash, and equigment costang $85,000 with accumulated depreciation of $65,000 wes sold for $15,000; that the stock was issued for cash; and that the only entries in the retained earmings account were for net income of 456,000 and cash cividends dedared of $15,000. Prepare a statement of cash flows for the yeur ended Decernber 31, Year 2, using the indirect method. Use the minus sign to indicole cach out flows, ashh paymithts, fecreases in