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		$302,680		$279,940
Accounts receivable (net)		109,650		100,540
Inventories		309,540		297,690
Investments		0		115,330
Land		158,760		0
Equipment		341,510		263,180
Accumulated depreciationequipment		(79,950)		(70,970)
	Total assets	$1,142,190		$985,710
Liabilities and Stockholders' Equity
Accounts payable		$206,740		$194,180
Accrued expenses payable		20,560		25,630
Dividends payable		11,420		8,870
Common stock, $10 par		61,680		48,300
Paid-in capital: Excess of issue price over par-common stock		231,860		134,060
Retained earnings		609,930		574,670
	Total liabilities and stockholders equity	$1,142,190		$985,710

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 $103,800 cash.
4. The common stock was issued for cash.
5. There was a $81,590 credit to Retained Earnings for net income.
6. There was a $46,330 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		$