Statement of Cash Flows The comparative balance sheet of Merrick Equipment Co. for December 31,20Y9 and 20Y8, is as follows: Additional data obtained from an examination of the accounts in the ledger for 209 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 $95,900 cash. d. The common stock was issued for cash. e. There was a $76,030 credit to Retained Eamings for net income. f. There was a $42,800 debit to Retained Earnings for cash dividends declared. Required: Prepare a statement of cash flows, using the indirect method of presenting cash flows from (used for) operating activities. Use the minus sign indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Changes in current operating assets and liabilities: Net cash flows from operating activities Cash flows from (used for) inverting activities: Net cash flows used for investing activities Cash flows from (used for) financing activities: Net cash flows from financing activities Cash balance, January 1, 20Yr Cash balance, December 31,20Y9