Statement of Cash Flows The comparative balance sheet of Orange Angel Enterprises inc. at December 31, 20Y8 and 20Y7, is as follows: Additionar aata obtaned rrom the income statement and trom an examination or the accounts in the ledger for 20Y8 are as follows: a. Net income, $155,420. b. Depreciation reported on the income statement, $34,040. c. Equipment was purchased at a cost of $66,160, and fully depreciated equipment costing $18,350 was discarded, with no salvage realized. d. The mortgage note payable was not due for six years, but the terms permitted earier payment without penaity. e. 6,000 shares of common stock were issued at $16 for cash. 1. Cash dividends dedared and paid, $94,710. Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20Y8 are as follows: a. Net incorne, $155,420, b. Depreciation reported on the income stotement, $34,040. c. Equipment was purchased at a cost of $66,160, and fully depreciated equipment costing $18,350 was discarded, with no salvage realized. d. The mortgage note payable was not due for sio years, but the terms permitted earlier payment without penaily. e. 6,000 shares of common stock were issued at $16 for cash. f. Cash dividends declared and paid, $94,710. Requiredt Prepare a statement of cash flows, using the indirect method of presenting cash flows from (used for) operating activities. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Prepare a statement of cash flows, using the indirect method of presenting cash flows from (used for) operating activities. Use the minus sign to indicate cash outflows, pack noumanto dacowenota ..ok