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		$266,740		$248,130
Accounts receivable (net)		96,630		89,120
Inventories		272,790		263,860
Investments		0		102,220
Land		139,910		0
Equipment		300,960		233,280
Accumulated depreciationequipment		(70,460)		(62,910)
	Total assets	$1,006,570		$873,700
Liabilities and Stockholders' Equity
Accounts payable		$182,190		$172,120
Accrued expenses payable		18,120		22,720
Dividends payable		10,070		7,860
Common stock, $10 par		54,350		42,810
Paid-in capital: Excess of issue price over par-common stock		204,330		118,820
Retained earnings		537,510		509,370
	Total liabilities and stockholders equity	$1,006,570		$873,700

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 $92,000 cash.

The common stock was issued for cash.

There was a $69,200 credit to Retained Earnings for net income.

There was a $41,060 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		$