Statement of Cash Flows-Indirect Method The romnarative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is 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 $138,470 cash. d. The common stock was issued for cash. e. There was a $74,430 credit to Retained Earnings for net income. f. There was a $47,540 debit to Retained Earnings for cash dividends deciared. Required: Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Use the minus sign to ind cate cash outfows, cash payments, decreases in cash, or any negative adjustments. 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 flow from financing activities Cash balance, January 1,20y9 Cash balance, December 31,209