The comparative balance sheet of Olson-Jones Industries Inc. for December 31, 20Y2 and 20Y1, is as follows: Dec. 31, Dec. 31 20Y1 20Y2 $124 $40 Accounts reoeivable (net) Equipment $381 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) Dividends payable Common stock, $1 par Paid-in capital: Excess of issue price over par- common stock Retained earnings $48 $40 25 60 31 183 $267 Total liabilities and stockholders' equity The following additional information is taken from the records: $381 1. Land was sold for $30. 2. Equipment was acquired for cash. 3. There were no disposals of equipment during the year. 4. The common stock was issued for cash 5. There was a $82 credit to Retained Earnings for net income 6. There was a $25 debit to Retained Earnings for cash dividends declared. a. 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 Olson-Jones Industries Inc Statement of Cash Flows For the Year Ended December 31, 20Y2 Oedk Py Work1mocre Check My wan ass somaning 5. There was a 6. There was a $25 debit to Retained Earnings for cash Prepare a statement of cash flows, using the indirect method of presenting a. Cash from (used for) investing actves Cash flows from (used for) financing acvbe Net cash fow fiom financing activities