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

		Dec. 31, 20Y9		Dec. 31, 20Y8
Assets
Cash		$292,730		$272,310
Accounts receivable (net)		106,050		97,800
Inventories		299,370		289,580
Investments		0		112,180
Land		153,550		0
Equipment		330,290		256,010
Accumulated depreciationequipment		(77,330)		(69,040)
	Total assets	$1,104,660		$958,840
Liabilities and Stockholders' Equity
Accounts payable		$199,940		$188,890
Accrued expenses payable		19,880		24,930
Dividends payable		11,050		8,630
Common stock, $10 par		59,650		46,980
Paid-in capital: Excess of issue price over par-common stock		224,250		130,400
Retained earnings		589,890		559,010
	Total liabilities and stockholders equity	$1,104,660		$958,840

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

1. Equipment and land were acquired for cash.
2. There were no disposals of equipment during the year.
3. The investments were sold for $100,960 cash.
4. The common stock was issued for cash.
5. There was a $75,950 credit to Retained Earnings for net income.
6. There was a $45,070 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 outflows, 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:
	$
Adjustments to reconcile net income to net cash flow from operating activities:
Changes in current operating assets and liabilities:
Net cash flow from operating activities		$
Cash flows from (used for) investing activities:
	$
Net cash flow used for investing activities
Cash flows from (used for) financing activities:
Net cash flow from financing activities
		$
Cash at the beginning of the year
Cash at the end of the year		$