Statement of Cash Flows-Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31,20Y9 and 20Y8, is as follows: Additional data obtained from an examination of the accounts in the ledger for 20y9 are as follows: a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year. c. The investments were sold for $124,410 cash. d. The common stock was issued for cash. e. There was a $68,770 credit to Retained Earnings for net income. f. There was a $42,710 debit to Retained Eamings for cash dividends declared. Required: Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. For the Year Ended December 31, 20 Y9 Cash flows from (used for) operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: Net cash flow from operating activities Cash flows from (used for) investing activities: Net cash flow used for investing activities Cash flows from (used for) financing activities: Net cash fow from financing activities Cash balance, January 1, 20y9 Cash balance, December 31, 20Y9