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		$241,860		$226,540
Accounts receivable (net)		87,620		81,360
Inventories		247,340		240,900
Investments		0		93,330
Land		126,860		0
Equipment		272,890		212,980
Accumulated depreciationequipment		(63,890)		(57,430)
	Total assets	$912,680		$797,680
Liabilities and Stockholders' Equity
Accounts payable		$165,200		$157,140
Accrued expenses payable		16,430		20,740
Dividends payable		9,130		7,180
Common stock, $10 par		49,280		39,090
Paid-in capital: Excess of issue price over par-common stock		185,270		108,480
Retained earnings		487,370		465,050
	Total liabilities and stockholders equity	$912,680		$797,680

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 $84,000 cash.
4. The common stock was issued for cash.
5. There was a $59,810 credit to Retained Earnings for net income.
6. There was a $37,490 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		$