The comparative balance sheet of Livers Inc. for December $31,20$Y$3$ and $20$Y$2,$ is as follows: The income statement for the year ended December $31,20$Y$3,$ is as follows: Additional data obtained from an examination of the accounts in the ledger for $20$Y$3$ are as follows: $(1)$ The investments were sold for $$175,000$ cash. $(2)$ Equipment and land were acquired for cash. $(3)$ There were no disposals of equipment during the year. $(4)$ The common stock was issued for cash. $(5)$ There was a $$90,000$ 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.