The comparative balance sheet of Merrick Equipment Co. for December 31, 2019 and 2048, is as follows: Dec. 31, 2049 Dec. 31, 2018 Assets Cash Accounts receivable (net) $275,520 98,950 292,980 113,510 Inventories $296,180 107,300 302.890 0 155,350 334,180 (79.240) Investments Land Equipment Accumulated depreciation equipment Total assets 259,020 (69.850) $1,117,660 5970,130 Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable Dividends payable Common stock $10 par Pald-in capital: Excess of issue price on Retained earnings $202,300 $191,120 20.12025,220 11 180 8.730 60 350 47.540 26.880131.940 Total liabilities and stockholders Gui 95,830 117,650 555 580 $970.120 Common stock, 510 $1.117,650 $970.130 Additional data obtained from an an o the r in the edge for 2015 are as follow a. Equipment and land wor d for cash b. There were no seaso n during the year The investments were sold for $102.160 cash d. The common stock was for cash There was a $76.650 credit to and Earnings for not income f. There was a $45.600 debt to Retained Earnings for cash dividends declared Required: Use the mission to indicate cash outflows, cash payments, decrease in cash, or any negative Prepare a statement of cash flowing the indirect method of presenting cash flows from pri Herrick Equipment Co. Statement of Cash Flows For the Year Ended December 2009 Cash flows from sorting Autorent Ort Merrick Equipment Co. Statement of Cash Flows For the Year Ended December 31, 2019 Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: 001 0111 ou 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