The comparative balance sheet of Livers Inc. for December 31, 20Y3 and 20Y2, is shown as follows: Dec. 31, 20Y3 Dec. 31, 20Y2 Assets Cash $317,460 $296,670 Accounts receivable (net) 115,010 106,550 Inventories 324,650 315,480 Investments 0 122,220 Land 166,520 0 Equipment 358,190 278,920 Accumulated depreciationequipment (83,860) (75,210) Total assets $1,197,970 $1,044,630 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $216,830 $205,790 Accrued expenses payable (operating expenses) 21,560 27,160 Dividends payable 11,980 9,400 Common stock, $10 par 64,690 51,190 Paid-in capital: Excess of issue price over par-common stock 243,190 142,070 Retained earnings 639,720 609,020 Total liabilities and stockholders equity $1,197,970 $1,044,630

The comparative balance sheet of Livers Inc. for December 31, 2023 and 20Y2, is shown as follows: Dec. 31, 20Y3 Dec. 31, 20Y2 Assets Cash $317,460 $296,670 Accounts receivable (net) 115,010 106,550 Inventories 324,650 315,480 Investments 0 122,220 Land 0 166,520 358,190 Equipment 278,920 Accumulated depreciation-equipment (83,860) (75,210) Total assets $1,197,970 $1,044,630 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $216,830 $205,790 Accrued expenses payable (operating expenses) 21,560 27,160 Dividends payable 11,980 9,400 64,690 51,190 Common stock, $10 par Paid-in capital: Excess of issue price over par-common stock 243,190 142,070 Retained earnings 639,720 609,020 Total liabilities and stockholders' equity $1,197,970 $1,044,630 Additional data obtained from an examination of the accounts in the ledger for 20Y3 are as follows: a. The investments were sold for $143,000 cash. b. Equipment and land were acquired for cash. c. There were no disposals of equipment during the year. d. The common stock was issued for cash. e. There was a $79,800 credit to Retained Earnings for net income. f. There was a $49,100 debit to Retained Earnings for cash dividends declared. Required: Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments. Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: DU DU DIII II O Net cash flow from operating activities Cash flows from investing activities: $ Net cash flow used for investing activities Cash flows from financing activities: $ Net cash flow from financing activities Cash at the beginning of the year Cash at the end of the year $