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		$231,230		$217,330
Accounts receivable (net)		83,760		78,050
Inventories		236,470		231,100
Investments		0		89,530
Land		121,280		0
Equipment		260,890		204,320
Accumulated depreciationequipment		(61,080)		(55,100)
	Total assets	$872,550		$765,230
Liabilities and Stockholders' Equity
Accounts payable		$157,930		$150,750
Accrued expenses payable		15,710		19,900
Dividends payable		8,730		6,890
Common stock, $10 par		47,120		37,500
Paid-in capital: Excess of issue price over par-common stock		177,130		104,070
Retained earnings		465,930		446,120
	Total liabilities and stockholders equity	$872,550		$765,230

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 $80,580 cash.

The common stock was issued for cash.

There was a $55,780 credit to Retained Earnings for net income.

There was a $35,970 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.

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