The comparative balance sheet of ConnieJo Company, for Years 1 and 2 ended December 31 appears in condensed form as follows: II Additional data for the current year are as follows: - Fully depreciated equipment costing $39,000 was scrapped, no salvage, and equipment was purchased for $157,000. - Bonds payable for $100,000 were retired by payment at their face amount. - 5,000 shares of common stock were issued at $15 for cash. - Cash dividends declared were paid, $41,400. - All sales are on account. Prepare a statement of cash flows, using the indirect method of reporting cash flows from (used for) operating activities. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments