Statement of Cash Flows-Indirect Mechod The comparative balance sheet of Merrick Equipment Co. for December 31,20Yg and 20Y8, is as follows: Additional data obtained from an examination of the accounts in the ledger tor a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year. c. The investments were sold for $96,890 cash. d. The common stock was lissued for cash. e. There was a $78,140 credit to Retained Earnings for net income. f. There was a $43,240 debit to Retained Earnings for cash dividends declared. Required: Prepare a statement of cash flows, using the indirect method of presenting cash flows from operoting activities, Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Cash flows from operating activiles: Adjustrnents to reconcile net income to net cash flow from operating octivities: Changes in current operating assets and liablities: Net cash flow from operating activities Cash fiows from (used for) investing activites: Net cash fow used for imvesting activities Cash flows from (used for) financing activities: Net cash flow from financing activities Cash at the beginning of the vear Cash at the end of the yes