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 Accounts receivable (net) Inventories Investments Land Equipment Accumulated depreciation-equipment $241,460 $222,540 79,930 246,920 236,650 91,680 87,470 126,650 272,440 209,220 (63,780) (56,420) Total assets $911,160 $783,600 Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable Dividends payable Common stock, $10 par Paid-in capital: Excess of issue price over par-common stock Retained earnings $164,920 $154,370 20,370 7,050 38,400 106,570 486,560 456,840 $911,160 $783,600 16,400 9,110 49,200 184,970 Total liabilities and stockholders' equity Additional data obtained from an examination of the accounts in the ledger for 20Y9 are as follows: a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year c. The investments were sold for $82,510 cash. d. The common stock was issued for cash. e. There was a $66,550 credit to Retained Earnings for net income. f. There was a $36,830 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 used for) investing Net cash flow used for investing activities Cash flows from (used for) financing actvities: Net cash flow from financing activities Cash at the beginning of the year Cash at the end of the year