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		$253,600		$238,080
Accounts receivable (net)		91,870		85,510
Inventories		259,340		253,170
Investments		0		98,080
Land		133,020		0
Equipment		286,130		223,830
Accumulated depreciationequipment		(66,990)		(60,360)
	Total assets	$956,970		$838,310
Liabilities and Stockholders' Equity
Accounts payable		$173,210		$165,150
Accrued expenses payable		17,230		21,800
Dividends payable		9,570		7,540
Common stock, $10 par		51,680		41,080
Paid-in capital: Excess of issue price over par-common stock		194,260		114,010
Retained earnings		511,020		488,730
	Total liabilities and stockholders equity	$956,970		$838,310

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 $88,270 cash.

The common stock was issued for cash.

There was a $61,690 credit to Retained Earnings for net income.

There was a $39,400 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		$