Statement of cavh flows-indireat method The comparative bolance sheet of Memck Equipment C0, for December 31, 20rg and 20r8, is as follows: Additisnal dats obthared froms an examination of the accounts in the indger for 20re are as follows -. tquipinant and land mere acquirud for cash it. There mers no disposals of equpenent during the veer. c. The investrones were sold for siog,380 cash 4. The coctiman stock wos issued for cash. *. Thwre was a 557,130 codit ta Retacied Earnings for net acome t. There was a 337 , S60 debt to Retaned Earnings for canh dividends dedared Requiredi decremas in cath or sor nesolve sdjustments. tharease in accrued oxpenses pavabile:- x Net cash flows from operating activioes o Cach flows from (used for) investing activities: cash received from gavi on sale of investments - X Net cash fiows used for inyesting activities: Cosh flows from (used for) financing activities: Cach rectived from sale d common stoek v Cash paid for devidents v Netcash tows used for financing activibes x Cashresceived from goin on rafe of investments x Cash balance, Jonusry 1, 20y9 Cast bolance, Decamber 31, 20r9 593,490x 126360 5 5., 450 228300 Merrick Equipment Co. Statement of Cash Flows