Statement of Cosh Flows-Inderest Method The comporative balance sheet of Yeliow Dog Enterprises Inc. ot December 31, 20 Y8 and 20r7, is as follows: Additionat data obtained from the income statement and fram an examination of the accounts in the lecger for 20 ors are as foliows: a. Net incorne, $109,880. b. Depreciation reported on the income statement, 530,980 . c. Equipment was purchased at a cost of $60,490 and fully depreciated equipment costing $16,520 was discarded, with no salvege realized. d. The mortgage note payable was not due for six yesrs, but the terms permitted earlier payment without penaity. e. 5,000 shares of common stock were issued at 520 for cash f. Casn dividends declared and paid, $66,960. Eequired: Yellow Dog Interprises Inc. statement of Cash hows Fer the Year tinded Detersber 31, zoth Canh Bow from (whet boh) epereting actialies. Chepges is currert eperames aneta and nabeies Nat cesh hew bies equrving attivities Mut cans Now used for ineang entiveties Cah tow biom (uase hir) hateong aclivan: Cash belerce, lanuary 1, 20TH Cam balence, Decermber 31, 201