Statement of cash flows-indirect method The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 2048 and 2017, is as follows: Dec. 31, 2018 Dec. 31, 2017 Assets Cash $89,830 $109,850 Accounts receivable (net) 138,030 148,090 Inventories 197,190 183,550 Prepaid expenses 8,030 5,560 Equipment 401,680 328,860 Accumulated depreciation-equipment (104,440) (80,650) Total assets $730,320 $695,260 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $153,370 $145,310 Mortgage note payable 0 208,580 Common stock, $1 par 24,000 15,000 Paid-in capital in excess of par-common stock 331,000 196,000 Retained earnings 221,950 130,370 Total liabilities and stockholders' equity $730,320 $695,260 Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20Y8 are as follows: a. Net income, $234,440. b. Depreciation reported on the income statement, $51,090. c. Equipment was purchased at a cost of $100,120 and fully depreciated equipment costing $27,300 was discarded, with no salvage realized. d. The mortgage note payable was not due for six years, but the terms permitted earlier payment without penalty. e. 9,000 shares of common stock were issued at $16 for cash. f. Cash dividends declared and paid, $142,860. Required: 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. Yellow Dog Enterprises Inc. Statement of Cash Flows For the Year Ended December 31, 2018 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 liabilities: Changes in current operating assets and liabilities: Cash flows from (used for) investing activities: lll. O que Cash flows from (used for) financing activities: $ Cash balance, January 1, 20Y8 Cash balance, December 31, 2048