The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 20Y8 and 20Y7, is as follows: Dec. 31, 20Y8 Dec. 31, 20Y7 Assets Cash $62,190 $76,290 Accounts receivable (net) 95,560 102,850 Inventories 136,520 127,480 Prepaid expenses 5,560 3,860 Equipment 278,090 228,400 Accumulated depreciation-equipment (72,300) (56,010) Total assets $505,620 $482,870 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $106,180 $100,920 Mortgage note payable 0 144,860 Common stock, $1 par 16,000 10,000 Paid-in capital in excess of par-common stock 226,000 136,000 Retained earnings 157,440 91,090 Total liabilities and stockholders equity $505,620 $482,870 Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20Y8 are as follows: Net income, $169,860. Depreciation reported on the income statement, $35,250. Equipment was purchased at a cost of $68,650 and fully depreciated equipment costing $18,960 was discarded, with no salvage realized. The mortgage note payable was not due for six years, but the terms permitted earlier payment without penalty. 6,000 shares of common stock were issued at $16 for cash. Cash dividends declared and paid, $103,510. 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. Yellow Dog Enterprises Inc. Statement of Cash Flows For the Year Ended December 31, 20Y8 Cash flows from (used for) operating activities: $- Select - Adjustments to reconcile net income to net cash flow from operating activities: - Select - Changes in current operating assets and liabilities: - Select - - Select - - Select - - Select - Net cash flow from operating activities $fill in the blank 13 Cash flows from (used for) investing activities: $- Select - Net cash flow used for investing activities fill in the blank 16 Cash flows from (used for) financing activities: $- Select - - Select - - Select - Net cash flow used for financing activities fill in the blank 23 $- Select - Cash balance, January 1, 20Y8 fill in the blank 26 Cash balance, December 31, 20Y8 $fill in the blank 27