$\backslash$table$[[$For the year ended $31$ December $20\backslash$times $9,],[$Operating activities:,,$],[,,],[$Adjustments for non$-$cash items:,,$],[,,],[,,],[,,],[$Changes in net working capital:,,$],[,,],[,,],[,,],[,,],[$Net cash from operations,,$],[$Investing activities:,,$],[,,],[,,],[$Closing cash,,$],[$Net cash for investing,,$],[$Financing activities:,,$],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,]]Ch3,4,5$

Saved

Statement of financial position balances as at $31$ December $208$ and $209$ are provided below for Laurel Inc.

Laurel Inc. additional information:

Net earnings for $209$ were $$716,000.$

Equipment with an original cost of $$408,000$ and a NBV of $$154,000$ was sold for $$154,000$ during the year.

Long$-$term investments were sold for $$139,000$ during the year.

Short$-$term investments acquired are treasury bills with an original term of three months.

Required:

Prepare an SCF for $209$ using the indirect method. Note any assumptions made during your SCF preparation. $($Deductible amounts and Cash outflows should be indicated with minus sign.$)$

$\backslash$table$[[$Laurel Inc.$],[$Statement of Cash Flows$],[,$For the year ended $31$ December $20$X$9,,],[$Operating activities:,,,$]]$