The comparative balance sheet of Navaria Inc. for December 31, 2023 and 20Y2, is shown as follows: 1 Dec. 31, 2043 Dec. 31, 20Y2 2 Assets 3 Cash $155,000.00 $150,000.00 4 Accounts receivable (net) 450,000.00 400,000.00 5 Inventories 770,000.00 750,000.00 6 Investments 0.00 100,000.00 7 Land 500,000.00 0.00 1,400,000.00 1,200,000.00 8 Equipment 9 Accumulated depreciation equipment (600,000.00) (500,000.00) 10 Total assets $2,675,000.00 $2,100,000.00 11 Liabilities and Stockholders' Equity $340,000.00 $300,000.00 45,000.00 50,000.00 30,000.00 25,000.00 12 Accounts payable 13 Accrued expenses payable 14 Dividends payable 15 Common stock, $4 par 16 Paid-in capital: Excess of issue price over par-common stock 17 Retained earnings Total liabilities and stockholders' equity 600,000.00 700,000.00 200,000.00 175,000.00 1,360,000.00 950,000.00 $2,675,000.00 $2,100,000.00 18 Additional data obtained from an examination of the accounts in the ledger for 20Y3 are as follows: A. The investments were sold for $175,000 cash. B. Equipment and land were acquired for cash. C. There were no disposals of equipment during the year. D. The common stock was issued for cash E. There was a $500,000 credit to Retained Earnings for net income F. There was a $90,000 debit to Retained Earnings for cash dividends declared. Prepare a statement of cash flows, using the Indirect method of presenting cash flows from operating activities. Refer to the Labels and Amount Descryptions ist provided for the exact wording of the answer choices for text entries. Be sure to complete the heading of the statement. Use the minus sign to indicate cash outows, decreases in cash and a net cash outflow for each section, it required