The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 2018 and 2077, is as follows: 1 Dec 31, 2018 Dec 31, 2017 2 Assets 3 Cash $80,000.00 $100,000.00 4 Accounts receivable (net) 275,000.00 300,000.00 5 Inventories 510,000.00 400,000.00 - 6 Prepaid expenses 15,000.00 10,000.00 7 Equipment 1,070,000.00 750,000.00 8 Accumulated depreciation-equipment (200,000,00) 1160,000.00) 9 Total assets $1,750,000.00$1,400,000.00 10 Liabilities and Stockholders' Equity 11 Accounts payable (merchandise creditors) $100,000.00 $90,000.00 12 Mortgage note payable 0.00 400,000.00 13 Common stock, $10 par 600,000.00 200,000.00 14 Paid-in capital: Excess of issue price over par-common stock 300,000.00 100,000.00 15 Retained earnings 750,000.00 510,000.00 16 Total liabilities and stockholders' equity $1,750,000.00$1,400,000.00 Additional data obtained from the income statement and from an examination of the accountsie ledger for 2018 are as follows: a. Net income, $190,000 b. Depreciation reported on the income statement, $115,000. c. Equipment was purchased at a cost of $395,000 and fully depreciated equipment costing $75,000 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 40,000 shares of common stock were issued at $15 for cash. f. Cash dividends declared and paid, $50,000 Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. Be sure to complete the heading of the statement Enter amount thnt renacent.ench outfit ne nennt umherrsine nminne cinn 8 Accumulated depreciation equipment (200,000.00) (160,000.00) 9 Total assets $1,750,000.00$1,400,000.00 10 Liabilities and Stockholders' Equity 11 Accounts payable (merchandise creditors) $100,000.00 $90,000.00 12 Mortgage note payable 0.00 400,000.00 13 Common stock, $10 par 600,000.00 200,000.00 14 Paid-in capital: Excess of issue price over par-common stock 300,000.00 100,000.00 15 Retained earnings 750,000.00 610,000.00 16 Total liabilities and stockholders' equity $1,750,000.00$1,400,000.00 Additional data obtained from the income statement and from an examination of the accounts i e ledger for 2078 are as follows: a. Net income, $190,000 b. Depreciation reported on the income statement, $115,000. c. Equipment was purchased at a cost of $395,000 and fully depreciated equipment costing $75,000 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. 40,000 shares of common stock were issued at $15 for cash, f. Cash dividends declared and paid, $50,000 Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. Be sure to complete the heading of the statement. Enter amounts that represent cash outflows as negative numbers using a minus sign