The comparative balance sheet of Navaria Inc. for December 31, 20Y3 and 20Y2, is shown as follows: Dec. 31, 20Y3 Dec. 31, 20Y2 Assets $626,640.00 3 Cash $585,760.00 Accounts receivable (net) 226,900.00 208,390.00 4 5 Inventories 641,350.00 616,130.00 6 Investments 239,300.00 0.00 7 Land 328,730.00 0.00 8 Equipment 705,940.00 553,530.00 9 Accumulated depreciation-equipment (166,970.00) (148,000.00) Total assets $2,362,590.00 10 $2,055,110.00 Liabilities and Stockholders' Equity 11 12 Accounts payable $425,140.00 $404,540.00 13 Accrued expenses payable 42,020.00 52,750.00 14 Dividends payable 23,580.00 19,500.00 Common stock, $4 par 15 154,000.00 100,000.00 16 Paid-in capital: Excess of issue price over par-common stock 416,600.00 279,400.00 17 Retained earnings 1,301,250.00 1,198,920.00 Total liabilities and stockholders' equity 18 $2,362,590.00 $2,055,110.00 154000.00 TOOTO00T00 15 Common stock, 54 par 416,600.00 279,400 00 14 Paid-in capital: Excess of issue price over par-common stock 1,198,920.00 1,301,250.00 17 Retained earnings $2,362,590.00 $2,055,11000 Total liabilities and stockholders' equity 18 Additional data obtained from an examination of the accounts in the ledger for 20Y3 are as folows A The investments were sold for $279,880 oash. 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 $198,010 credit to Retained Eamings for net income. F. There was a $95,680 debit to Retained Eamings for cash dividends declared. Prepare a statement of cash fows, using the indirect method of presenting cash flows from coerating activities. Refer to the Labels and Amount Descriptions list 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 outfiows, decreases in cash and a net cash outfow for each section, if required