The comparative balance sheet of Green Earth Lawn and Garden Inc. for December 31, 2008 and 2009, is as follows: Assets 2009 2008 Cash 137,900 142,300 Accounts receivable net 206,800 190,500 Inventories 290,500 284,100 Investments 0 90,000 Land 200,000 0 Equipment 255,000 250,000 Accumulated Deprec. (100,300) (76,700) Liabilities and Stockholders equity Accts Payable merchandise cred 224,900 201,400 Accrued Expens oprt expens. 14,100 16,500 Dividends payable 21,000 19,000 Common Stock $1 par 10,000 8,000 Paid in capital in excess of par 200,000 100,000 Retained earnings 519,900 490,300 989,900 835,200 The income statement for the year ended December 31 2009 is as follows Sales 940,000 Cost of merchandise sold 489,300 Gross Profit 450,700 Operating expenses Depreciation expenses 23,600 Other operating expens 278,900 Total operating expense 302,500 Operating Income 148,200 Other income Gain on sale of investments 32,000 Income before income tax 180,200 Income tax expense 62,300 Net income 117,900 The following additional information was taken from the records. A. Equipment and land were acquired for cash B. There were no disposals of equipment during the year C. The investments were sold for 122,000 cash. D. The common stock was issued for cash. E. There was a 88,300 debit to Retained Earnings for cash dividends declared. Prepare a statement of cash flows, using the direct method of presenting cash flows from operating activities. **Net Cash Flow from Operating Activities should be $107,900 according to the book**