The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows:

Dec. 31, 20Y9 Dec. 31, 20Y8Assets

Cash. $70,720 $47,940

Accounts receivable(net) $207,230 $188,190

Inventories $298,520 $289,850

Investments $0 $102,000

Land $295,800 $0

Equipment $438,600 $358,020

Accumulated depreciationequipment. $(99,110) $(84,320)

Total assets $1,211,760 $901,680

Liabilities and Stockholders' Equity

Accounts payable $205,700 $194,140

Accrued expenses payable $30,600 $26,860

Dividends payable $25,500 $20,400

Common stock, $1 par $202,000 $102,000

Paid-in capital: Excess of issue price over parcommon stock $354,000 $204,000

Retained earnings393,960354,280

Total liabilities and stockholders' equity $1,211,760 $901,680

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 $91,800 cash.
4. The common stock was issued for cash.
5. There was a $141,680 credit to Retained Earnings for net income.
6. There was a $102,000 debit to Retained Earnings for cash dividends declared.

statement of cash flows, using the indirect method of presentingcash 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 FlowsFor the Year Ended December 31, 20Y9

Cash flows 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 activitiesCash flows from (used for) financing activities:

$

Net cash flow from financing activities

$Cash at the beginning of the yearCash at the end of the year$