The comparative balance sheet of Orange Angel Enterprises Inc. at December 31,20Y8 and 20Y7, is as follows: Roibionar data obtained from the incoine statement and from an examinatien of the accoonts in the ledger for 20Y s are as followr: a. Nrt incoine, $195,060 b. Oerreciation reported on the inmmie staterment, 544,440 . c. Equipineen was purchated at a cost of $96,010, and fully depreciated equipment costing $24,000 was Gicarded, wich no alvage realized. d. The mortgage note payable was not due for ux yeas, tut the tertns perintted earler payment without penalty. e. B,000 shares of commen stock were isweed at $16 for carhis 1. Cash dividendx dedared and paid, $119,230. Reatired paymerts, decreases in casky of any negmive adyustments. Orange Angel Enterprises Inc. Statement of Cash Flows For the Year Ended December 31, 20 Y8 Cash flows from (used for) operating activities: Adjustments to reconcle net income to net cash flows from (used for) operating activities: Changes in current operating assets and liabilities: Net cash flows from operating activities Cash flows from (used for) investing activities: Net cash flows used for investing activities Cash flows from (used for) financing activities: Net cash flows from financing activities Cash balance, January 1, 20 Y 8 Cash balance, December 31, 20Y8