The comparative balance sheet of Merrick Equipment Co. for December 31, 2019 and 2018, is as follows: Dec. 31, 2013 Dec. 31, 2018 Cash Accounts receivable (net) Inventaries Investments Land Equipment Assets Accumulated depreciation-equipment $257,120 $241,110 93,140 86,590 263,950 256,400 99,330 134.860 290,100 226,670 (67,920) (61.130) $979,250 5848,970 Total assets Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $175,620 $167,250 Accrued expenses payable (operating expenses) 17,460 22,070 Dividends payable 9,700 Common stock, $10 par 52.390 7,640 41,600 Paid-in capital in excess of par-common stock 196,960 115,460 Retained eamings 518,120 494,950 Total liabilities and stockholders' equity $970,250 $848,970 Additional data obtained from an examination of the accounts in the ledger for 2019 are as follows: a. Equipment and land were acquired for cash b. There were no disposals of equipment during the year The investments were sold for $110,220 cash d. The common stock was issued for cash e. There was a $63,070 credit to Retained Earnings for net income f. There was a $39,900 debit to Retained Eamings 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 (used for) 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 balance, January 1, 20Y9 Cash balance, December 31, 20Y9 0000