The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31,20Y8 and 20Y7, Is as follows: a. Net income, $111,130. b. Depreciation reported on the income statement, $31,150. c. Equipment was purchased at a cost of $60,550 and fully depreciated equipment costing $16,790 was discarded, d. The mortgage note payable was not due for six years, but the terms permitted earlier payment without penalty. e. 5,000 shares of common stock were issued at $20 for cash. f. Cash dividends declared and paid, $67,720. 7ellew oug tatest statement of camh flows For the Vear rnded bectinter 31. 207e changes th rument operkeing auser and liaplicies: Nrt aan how from operatiop activeiea her cash fow used for anvening eotaitien Cabh fowe trom (used bar) faksisg actipities Net rash filw used for hnanong actives Cash talance, danuary d, zove Cithbulace. Dacember 31. 7ork