The comparative balance sheet of Orange Angel Enterprises Inc. at December 31, 20Y8 and 2077, is as follows: Dec. 31, 2018 Dec. 31, 2017 Assets Cash $75,960 $93,190 Accounts receivable (net) 116,720 125,630 Merchandise inventory 166,770 155,700 6,790 4,720 Prepaid expenses Equipment Accumulated depreciation-equipment 339,670 278,980 (88,320) (68,420) Total assets $617,590 $589,800 0 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $129,690 $123,270 Mortgage note payable 0 176,940 Common stock, $1 par 19,000 12,000 Excess of paid-in capital over par 285,000 166,000 Retained earnings 183,900 111,590 Total liabilities and stockholders' equity $617,590 $589,800 Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20Y8 are as follows: a. Net income, $185,110. b. Depreciation reported on the income statement, $43,060. C. Equipment was purchased at a cost of $83,850, and fully depreciated equipment costing $23,160 was discarded, with no salvage realized. d. The mortgage note payable was not due for six years, but the terms permitted earlier payment without penalty. e. 7,000 shares of common stock were issued at $18 for cash. f. Cash dividends declared and paid, $112,800. Required: Prepare a statement of cash flows, using the indirect method of presenting cash flows from (used for) operating activities. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Orange Angel Enterprises Inc. Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows from (used for) operating activities: Adjustments to reconcile net income to net cash flows from (used for) operating activities: Changes in current operating assets and liabilities: anortinn notition 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, 20Y8 Cash balance, December 31, 20Y8