Statement of Cash Flows-Direct Method The comperative balance sheet of Suffindge Inc. for December 31,204 and 20V3, is as follows: Additional data obtained from an examination of the accounts in the ledger for 20y4 are as foliows: a. Equipment and land were ocquired for cash. b. There were no disposals of equipment during the year. c. The investments were sold for $702,000 cash. d. The common stock was issued for cash. 9. There was a $630,400 debit to Retained Earnings for cash dividends deciared. Required: payments, decreases in cash, or any negative adjustments. tredthen F Check kty Whas Under the direct method, the cash recelved from operating activities less the cash payments for operating activitis is the net cash flow from aperatig flovs from (used for) investing activities show the cash inflows and outflows related to changes in a company) lang-tarm assats. Cash fows from (uat activities show the cash inflows and outflows related to changes in a company's long-term liabilitins and stockholden' equity. Consider what account(s) would have an impact on determining how much cash is received during the period. Which account(s) would have an impact how much was paid out in cash during the period? Were there ary purchases or sales of noncurrant asseta during the year? Qid the corrpany engage that affected the equity or debt in their company