The comparative balance sheet of Barry Company for December 31, Year 1 and year 2, appears in condensed form as follows: Year 2 Year 1 Cash $72,000 $42,500 Accounts receivable (net) 61,000 70,200 Inventories 121,000 105,000 Investments 100,000 Equipment 515,000 425,000 Accumulated depreciationequipment (153,000) (175,000) Total assets $616,000 $567,700 Accounts payable $59,750 $47,250 Bonds payable 75,000 Common stock, $20 par 375,000 325,000 Paid-in capital in excess of parcommon stock 50,000 25,000 Retained earnings 131,250 95,450 Total liabilities and stockholders' equity $616,000 $567,700 Additional data for the current year are as follows: Net income, $75,800. Depreciation reported on income statement, $38,000. Fully depreciated equipment costing $60,000 was scrapped, no salvage, and equipment was purchased for $150,000. Bonds payable for $75,000 were retired by payment at their face amount. 2,500 shares of common stock were issued at $30 for cash. Cash dividends declared and paid, $40,000. Investments of $100,000 were sold for $125,000. Prepare statement of cash flows, using the indirect method of presenting cash flows from (used for) operating activities. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Barry Company Statement of Cash Flows For the Year Ended December