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 20 y 9 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 $124,980 cash. d. The common stock was issued for cash. e. There was a $71,040 credit to Retained Earmings for net income. f. There was a $42,910 debit to Retained Earnings for cash dividends declared. Requiredt Prepare a statement of cash flows, using the indirect method of presenting cash flaws from operating activities. Use the minus sign to indicate cash outfiows, aash payments, decreases in cash, or any negative adjustments. Cash flows from (used for) investing activities: Net cash flow used for investing activities Cash flows from (used for) financing activities: Net cash flow from financing activities Cash balance, January 1, 20 Y 9 Cash balance, December 31, 20y9