The accounting records of Guci Corp. show the following data for the current year. Balance Sheet, December 31 Cash Prior Year Current Year Difference $370 $241 $(129) Accounts receivable Merchandise inventory Equipment, net Total assets Accounts payable Salaries payable 1,110 740 (370) 370 1,110 740 6,660 8,140 1,480 $8,510 $10,231 $1,721 $1,018 $888 $(130) 185 93 (92) Bonds payable 2,220 2,590 370 Common stock (no-par) 4,070 4,440 370 Retained earnings 1,018 2,220 1,202 Total liabilities and stockholders' equity $8,511 $10,231 $1,720 Income Statement For the Current Year Ended December 31 Revenues Cost of goods sold Depreciation Other expenses Net income $11,100 6,290 1,480 1,425 $1,905 Additional information: 1. Equipment was sold for its book value of $1,480. 2. Equipment purchased during the year was $4,440. 3. Cash dividends declared and paid were $703. Prepare the statement of cash flows for the current year ended December 31, using the i Note: Include a negative sign (-) for any amount that would be subtracted in the statem