The comparative balance sheet of Whitman Co. at December 31, 20Y2 and 20Y1, is as follows: Dec. 31, 20Y2 Dec. 31, 20Y1 Assets Cash $ 626,400 $ 673,450 Accounts receivable (net) 570,020 519,910 Inventories 864,430 795,530 Prepaid expenses 20,040 23,800 Land 215,480 325,730 Buildings 995,980 613,870 Accumulated depreciation-buildings (281,880) (263,090) Equipment 350,780 310,070 Accumulated depreciation-equipment (96,470) (108,370) Total assets $3,264,780 $2,890,900 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $ 620,310 $ 654,590 Bonds payable 182,830 0 Common stock, $20 par 216,000 80,000 Paid-in capital: Excess of issue price over par-common stock 517,000 381,000 Retained earnings 1,728,640 1,775,310 Total liabilities and stockholders equity $3,264,780 $2,890,900 The noncurrent asset, noncurrent liability, and stockholders' equity accounts for 20Y2 are as follows: ACCOUNT Land ACCOUNT NO. Balance Date Item Debit Credit Debit Credit 20Y2 Jan. 1 Balance 325,730 Apr. 20 Realized $102,500 cash from sale 110,250 215,480 ACCOUNT Buildings ACCOUNT NO. Balance Date Item Debit Credit Debit Credit 20Y2 Jan. 1 Balance 613,870 Apr. 20 Acquired for cash 382,110 995,980 ACCOUNT Accumulated Depreciation-Buildings ACCOUNT NO. Balance Date Item Debit Credit Debit Credit 20Y2 Jan. 1 Balance 263,090 Dec. 31 Depreciation for year 18,790 281,880 ACCOUNT Equipment ACCOUNT NO. Balance Date Item Debit Credit Debit Credit 20Y2 Jan. 1 Balance 310,070 Jan. 26 Discarded, no salvage 34,100 275,970 Aug. 11 Purchased for cash 74,810 350,780 ACCOUNT Accumulated Depreciation-Equipment ACCOUNT NO. Balance Date Item Debit Credit Debit Credit 20Y2 Jan. 1 Balance 108,370 Jan. 26 Equipment discarded 34,100 74,270 Dec. 31 Depreciation for year 22,200 96,470 ACCOUNT Bonds Payable ACCOUNT NO. Balance Date Item Debit Credit Debit Credit 20Y2 May 1 Issued 15-year bonds 182,830 182,830 ACCOUNT Common Stock, $20 par ACCOUNT NO. Balance Date Item Debit Credit Debit Credit 20Y2 Jan. 1 Balance 80,000 Dec. 7 Issued 6,800 shares of common stock for $40 per share 136,000 216,000 ACCOUNT Paid-in Capital in Excess of Par-Common Stock ACCOUNT NO. Balance Date Item Debit Credit Debit Credit 20Y2 Jan. 1 Balance 381,000 Dec. 7 Issued 6,800 shares of common stock for $40 per share 136,000 517,000 ACCOUNT Retained Earnings ACCOUNT NO. Balance Date Item Debit Credit Debit Credit 20Y2 Jan. 1 Balance 1,775,310 Dec. 31 Net loss 22,470 1,752,840 Dec. 31 Cash dividends 24,200 1,728,640 Required: Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Whitman Co. Statement of Cash Flows For the Year Ended December 31, 20Y2 Cash flows from operating activities: blank $- Select - Adjustments to reconcile net loss to net cash flow from operating activities: - Select - - Select - Changes in current operating assets and liabilities: blank - Select - - Select - - Select - - Select - Net cash flow used for operating activities blank $fill in the blank 15 Cash flows from (used for) investing activities: blank $- Select - - Select - - Select - Net cash flow used for investing activities blank fill in the blank 22 Cash flows from (used for) financing activities: blank $- Select - - Select - - Select - Net cash flow from financing activities blank fill in the blank 29 blank $- Select - Cash at the beginning of the year blank fill in the blank 32 Cash at the end of the year blank $fill in the blank 33