Statement of Cash FlowsIndirect Method

The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows:

Dec. 31, 20Y9 Dec. 31, 20Y8 Assets Cash $223,840 $209,420 Accounts receivable (net) 81,090 75,220 Inventories 228,910 222,690 Investments 0 86,280 Land 117,410 0 Equipment 252,560 196,890 Accumulated depreciationequipment (59,130) (53,090) Total assets $844,680 $737,410 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $152,890 $145,270 Accrued expenses payable (operating expenses) 15,200 19,170 Dividends payable 8,450 6,640 Common stock, $10 par 45,610 36,130 Paid-in capital in excess of parcommon stock 171,470 100,290 Retained earnings 451,060 429,910 Total liabilities and stockholders equity $844,680 $737,410 Additional data obtained from an examination of the accounts in the ledger for 20Y9 are as follows:

Equipment and land were acquired for cash. There were no disposals of equipment during the year. The investments were sold for $100,950 cash. The common stock was issued for cash. There was a $55,810 credit to Retained Earnings for net income. There was a $34,660 debit to Retained Earnings 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.

Merrick Equipment Co. Statement of Cash Flows For the Year Ended December 31, 20Y9 Cash flows from (used for) operating activities: blank

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- Select - Net cash flow from operating activities blank $fill in the blank 15 Cash flows from (used for) investing activities: blank

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- Select - Net cash flow used for investing activities blank fill in the blank 22 Cash flows from (used for) financing activities: blank

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blank $- Select - Cash balance, January 1, 20Y9 blank fill in the blank 30 Cash balance, December 31, 20Y9 blank $fill in the blank 31