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The comparative balance sheet of Orange Angel Enterprises Inc, at December 31, 20re and 20r7, is as follows: 3 more Check My Work uses remaining 4. Not intome, 124,390 b. Dopreciation reported on the income itagament, $30,040. a. The mortgoge note peyabie was nat due for six years, but the themms permittied earler payment wishout penaity *. 5, 600 sharei of common stock were induad at sill for cash. fi. Cathi dividendt declared and pald, 875,800 . Fequired: decreaset in caich, or any regative adjuntenants. 3 more Chea, My Wook uset itenaing Adjustments to reconcile net income to net cash flows from (used for) operating activitien: Changes in current operating asgets and labilities: Net cash flows from operating activities Cash fiows from (used for) investing activities: Net cash flows-used for investing activities Cash flows from (used for) financing activities: Net cash flows from friancing activites Cash balance, January i, 20rs Cash balance, December 31, 2ore Check Ny Work I more Check, My Work uses remaining. The comparative balance sheet of Orange Angel Enterprises Inc, at December 31, 20Y 8 and 20Y7, Is as follows: 3 more Check My Work uses temaining. 1. Nat income 3124,190 2 Depredabion reported on tive income statement, 530,040. c. Equipment nat purcbased at a cost of 159,000 , and fully Seprecisted equipment costing $16,020 was doscarded, with no salvage realiced. d. The mortcege note payable was not due for six yearb, but the terms permitted earlier perment wathout penalty. a. 5,000 shares ot common stock ware awed at s1e for cash. Ticesh dividenide deciared and palid, 175,000 . Hequiredi Adjustments to reconcile net income to net cash flows from (used for) operating activities: Changes in current operating assets and llabilities: Net cash flows from operating activities Cash flows from (used for) investing activities: Net cash flows used for investing actlvities Cash flows from (used for) financing activities: Net cash flows from financing activities Cash balance, January 1, 20YB Cash balance, December 31, 20r8 Geck My Work 3 mote Check My Work uses remaining