Statement of cash flows-indirect method The comparative balance sheet of Merrick Equipment Co. for December 31, 20 Y9 and 20Y8, is as follows: a. Equipment and land were acquired for cash. 2 more Chock My Work uses remaining. Additional dato obtained from en examination of the accounts in the ledger for 20r9 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 $103,490 cash. d. The common stock was issued for cash. e. There was a $63,650 credit to Retained Earnings for net income. f. There was a \$35,530 debit to Retained Earnings for cash dividends declared. Required: Prepare a statement of cash flows, usin the indirect method of presenting cash flows from (used foc) operating octivities. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Cash flows from (used for) operating activities: Adjustments to recoocile net income to net cash flows from (used for) operating activities: Changes in current operating assets and liabilities: Cash flows from (used for) investing activilies: Cash flows from (used for) financing activities: Cash balance, January 1, 20 rg Cash balance, December 31,20 r9