The comparative balance sheet of Merrick Equipment Co. for December 31, 2019 and 20Y8, is as follows: Dec. 31, 2019 Dec. 31, 2018 Assets Cash $275,740 Accounts receivable (net) 99,890 $257,980 92,660 274,330 106,280 Inventories 281,990 Investments Land 144,640 Equipment 311,120 (72,840) 242,540 (65,400) Accumulated depreciation-equipment Total assets $1,040,540 $908,390 Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable $188,340 18,730 10,410 56,190 211,230 $178,950 23,620 8,180 Dividends payable Common stock, $10 par 44,510 Paid-in capital: Excess of issue price over par-common stock 123,540 529,590 Retained earnings 555,640 Total liabilities and stockholders' equity $1,040,540 $908,390 Additional data obtained from an examination of the accounts in the ledger for 2049 are as follows: a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year. c. The investments were sold for $95,650 cash. d. The common stock was issued for cash. e. There was a $68,740 credit to Retained Earnings for net income. f. There was a $42,690 debit to Retained Earnings for cash dividends declared. Required: 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, 2019 Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: 000 0000 00 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: 100 Net cash flow from financing activities Cash at the beginning of the year Cash at the end of the year