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The comparative balance sheet of Yellow Dog Enterprises Inc, at December 31,20Y8 and 20Y7, is as follows: Additional data obtaincd from the income statement and

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The comparative balance sheet of Yellow Dog Enterprises Inc, at December 31,20Y8 and 20Y7, is as follows: Additional data obtaincd from the income statement and lrom an examination of the accounts in the ledger for 20 Yb are as follows: a. Net incomn, 5173,930 b. Depreciation reported on the income statement, $49,550. c. Equipment was purchased at a cont of $95,900 and fully depreciated equipment costing $26,820 was discarded, with no salvage realiced. d. The moatgage note payable was not due for six years, but the terms permitted earliar payment without penalty. e. 8,000 shares of common stock were issued at $20 for cash. 1. Cash dividends declared and paid, $105,990. Reqquiredt 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 ncgative adjustments: Net cash flow from operating activities Cash flows from (used for) investing activities: Net cash flow used for investing activities Cash flows from (used for) financing activities: Net cash flow used for financing activities Cash balance, January 1,20 Y 8 Cash balance, December 31,20Y8

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