PR 13-1A Statement of cash flows-indirect method Obj. 2,3,4,5 operating activities, $490,000 followis. a. The.ipvestmentsts were sold for $1155,000 sasb. b. Equipmentand land were acquired for casb. c. There.were no disposals of of eguipment during the year. d. The sommonnstock was s.jssued for csh. e. Ihere_was a $500,000 credit to Reetained Earoings for netinincome. f. There wass a $90,000 debit to Retained Earnings for sash dividends declared. Instructions Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities