The comparative balance sheet of Hirayama Industries Inc. for December 31, 2012 and 20Y1, is as follows: Dec. 31, 20Y2 Dec. 31, 201 Assets Cash $171 $54 Accounts receivable (net) Inventories Land 97 67 61 37 140 152 Equipment 79 59 Accumulated depreciation-equipment (21) (11) Total Assets $527 $358 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $66 $54 Dividends payable 11 Common stock, $1 par 35 17 Excess of paid-in capital over par 92 42 Retained earnings 323 245 Total liabilities and stockholders' equity $527 $358 The following additional information is taken from the records: 1. Land was sold for $30. 2. Equipment was acquired for cash. 3. There were no disposals of equipment during the year. 4. The common stock was issued for cash. 5. There was a $113 credit to Retained Earnings for net income. 6. There was a $35 debit to Retained Earnings for cash dividends declared. a. Prepare a statement of cash flows, using the indirect method of presenting Cash flows from (used for) operating activities. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments..