Statement of Cash Flows Bell Corp. compiled the following information for the year. Prepare a statement of cash flows for the year ended December 31 for Bell Corp. Note: Cash at the beginning of the year is $44,000. Increase in cash Increase in accounts receivable Decrease in merchandise inventory Decrease in supplies Decrease in accounts payable Decrease in salaries payable Decrease in clies payable $26,000 increase in common stock $40.000 14,000 increase in retained eamings 22.700 Net income 25.300 113610 1.000 Depreciation expense 5.000 Gain on sale of equipment 3.000 Equipment purchases cash 45.000 2500 57,000 400 Book value of equipment sold 30.000 Dividends paid 8000 310 *Note: Include a negative sign (for any amount that would be subtracted in the statement of cash flows. Bell Corp Statement of Cash Flows For Years Ended December 31 Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities