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		$246,100		$230,780
Accounts receivable (net)		89,150		82,890
Inventories		251,670		245,410
Investments		0		95,070
Land		129,090		0
Equipment		277,680		216,960
Accumulated depreciationequipment		(65,010)		(58,510)
	Total assets	$928,680		$812,600
Liabilities and Stockholders' Equity
Accounts payable		$168,090		$160,080
Accrued expenses payable		16,720		21,130
Dividends payable		9,290		7,310
Common stock, $10 par		50,150		39,820
Paid-in capital: Excess of issue price over par-common stock		188,520		110,510
Retained earnings		495,910		473,750
	Total liabilities and stockholders equity	$928,680		$812,600

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 $85,560 cash.

The common stock was issued for cash.

There was a $60,350 credit to Retained Earnings for net income.

There was a $38,190 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		$