The comparative balance sheet of Orange Angel Enterprises Inc. at December $\backslash (31,20$ Y $8\backslash )$ and $20$Y$7,$ is as follows:Roibionar data obtained from the incoine statement and from an examinatien of the accoonts in the ledger for $\backslash (20$ Y $\backslash )$ s are as followr: a$.$ Nrt incoine, $\backslash (\backslash$$ $195,060\backslash )$ b$.$ Oerreciation reported on the inmmie staterment, $544,440.$ c$.$ Equipineen was purchated at a cost of $\backslash (\backslash$$ $96,010\backslash ),$ and fully depreciated equipment costing $\backslash (\backslash$$ $24,000\backslash )$ was Gicarded, wich no alvage realized. d$.$ The mortgage note payable was not due for ux yeas, tut the tertns perintted earler payment without penalty. e$.$ B$,000$ shares of commen stock were isweed at $\backslash (\backslash$$ $16\backslash )$ for carhis $1.$ Cash dividendx dedared and paid, $\backslash (\backslash$$ $119,230\backslash ).$ Reatired paymerts, decreases in casky of any negmive adyustments.Orange Angel Enterprises Inc. Statement of Cash Flows For the Year Ended December $31,20$ Y$8$ 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 activitiesCash balance, January $1,20$ Y $8$ Cash balance, December $31,\backslash (20$ Y $8\backslash )$