Statement of Cash Flows The comparative balance sheet of Orange Angel Enterprises Inc. at December 31,20Y8 and 20Y7, is as follows: a. Net income, $133,400. b. Depreciation reported on the income statement, $34,820. c. Equipment was purchased at a cost of $67,260, and fully depreciated equipment costing $18,890 was discarded, salvage realized. d. The mortgage note payable was not due for six years, but the terms permitted earlier payment without penalty. e. 6,000 shares of common stock were issued at $18 for cash. f. Cash dividends declared and paid, $81,290. Required: Prepare a statement of cash flows, using the indirect method of presenting cash flows from (used for) operating acti the minus sign to indicate cash outflows, cash payments, decreases in cash, or any native adjustments. Orange Angel Enterprises Inc. Statement of Cash Flows For the Year Ended December 31, 20Y8 Cash flows from (used for) operating activities: Adjustments to reconcile net income to net cash flows from (used for) operating activities: Changes in current operating assets and Ilabilities: Net cash flows from operating activities Net cash flows from operating activities Cash flows from (used for) investing activities: Net cash flows used for investing activities Cash flows from (used for) financing activities: Net cash flows from financing actlvities Cash balance, January 1,20Y8 Cash balance, December 31,20Y8