Satomert of anh ftrio-iodinct inetwed Statement of cash flows-indirect method The comparative balance sheet of Yellow Doo Enterprises Inci at December 31, 20Y8 and 20Y7, is as follows: Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20y8 a. Net income, $187,980. b. Depredation reported on the income statement, $50,620. c. Equipment was purchased at a cost of $99,200 and fully depreciated equipment costing $27,050 was discarded, w. d. The mortgage note payable was not due for shx years, but the terms permitted earlier payment without penaity. e. B,000 shares of common stock were issued at $20 for cash. f. Cash dividends dedared and paid, $114,550. Required: Prepare a statement of cash flows, using the indirect method of presenting cash flows from (used for) operating activit b. Depreciation reported on the income statement, $50,620. c. Equipment was purchased at a cost of $99,200 and fully depreciated equipment costing $27,050 was discarded, with d. The mortgage note payable was not due for six years, but the terms permitted earlier payment without penalty. e. 8,000 shares of common stock were issued at $20 for cash. f. Cash dividends declared and paid, $114,550