Statement of Cash Flows-Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y and 20Y8, is as follows: Additional data obtained from an examination of the accounts in the ledger for 209 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 $125,230 cash. d. The common stock was issued for cash. e. There was a $69,240 credit to Retained Earnings for net income. f. There was a $43,000 debit to Retained Earnings for cash dividends declared. Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activibies, Use the minus sign to indicate cash outfows, cash payments, decreases in cash, or any negatve adjustments. Net cash flow used for investing activities Cash flows from (used for) financing activities: Cash received from sale of common stock Cash paid for dividends Net cash flow from financing activities Net increase in cash v Cash balance, January 1,20 Y 9 Cash balance, December 31,209