The comparative balance sheet of Merrick Equipment Co. for Dec. 31, 20Y9 and 20Y8, is:

	Dec. 31, 20Y9			Dec. 31, 20Y8
Assets
Cash	$70,720			$47,940
Accounts receivable (net)	207,230			188,190
Inventories	298,520			289,850
Investments	0			102,000
Land	295,800			0
Equipment	438,600			358,020
Accumulated depreciationequipment	(99,110)			(84,320)
Total assets	$1,211,760			$901,680
Liabilities and Stockholders' Equity
Accounts payable (merchandise creditors)	$205,700			$194,140
Accrued expenses payable (operating expenses)	30,600			26,860
Dividends payable	25,500			20,400
Common stock, $1 par	202,000			102,000
Paid-in capital: Excess of issue price over parcommon stock	354,000			204,000
Retained earnings	393,960			354,280
Total liabilities and stockholders' equity	$1,211,760			$901,680

The income statement for the year ended December 31, 20Y9, is as follows:

Sales		$2,023,898
Cost of goods sold		1,245,476
Gross profit		$778,422
Operating expenses:
Depreciation expense	$14,790
Other operating expenses	517,299
Total operating expenses		532,089
Operating income		$246,333
Other expenses:
Loss on sale of investments		(10,200)
Income before income tax		$236,133
Income tax expense		94,453
Net income		$141,680

Additional data obtained from an examination of the accounts in the ledger for 20Y9 are as follows:

Equipment and land were acquired for cash.

There were no disposals of equipment during the year.

The investments were sold for $91,800 cash.

The common stock was issued for cash.

There was a $102,000 debit to Retained Earnings for cash dividends declared.

Required:

Prepare a statement of cash flows, using the direct 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.

Merrick Equipment Co. Statement of Cash Flows For the Year Ended December 31, 20Y9

Cash flows from operating activities:

	$Cash received from customers

	Cash payments for merchandise	blank

	Cash payments for operating expenses	blank

	Cash payments for income taxes
Net cash flow from operating activities		$fill in the blank 9
Cash flows from investing activities:

	$Cash received from sale of investments

	Cash paid for purchase of land	blank

	Cash paid for purchase of equipment
Net cash flow used for investing activities		fill in the blank 16
Cash flows from financing activities:

	$Cash received from sale of common stock

	Cash paid for dividends
Net cash flow from financing activities		fill in the blank 21

		$Change in cash
Cash at beginning of the year		fill in the blank 24
Cash at end of the year

Partial answers, needs amounts plugged in. Thanks