Statement of C.ash Flows T Additional data obtained from an examination of the accounts in the ledger for 20Yg are as follows: a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year. c. The investments were sold for $79,980 cash. d. The common stock was issued for cash. e. There was a $63,970 credit to Retained Earnings for net income. f. There was a $35,700 debit to Retained Earnings for cash dividends declared. Merrick Equipment Co. Statement of Cash Flows For the Year Ended December 31, 20 Y9