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 $81,330 $99,660 Accounts receivable (net) 124,970 134,360 Inventories 178,520 166,520 Prepaid expenses 7,270 5,050 Equipment 363,660 298,360 Accumulated depreciation-equipment (94,550) (73,170) Total assets $661,200 $630,780 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $138,850 $131,830 Mortgage note payable 0 189,230 Common stock, $1 par 21,000 13,000 Paid-in capital in excess of par-common stock 330,000 178,000 Retained earnings 171,350 118,720 Total liabilities and stockholders equity $661,200 $630,780 Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20Y8 are as follows: Net income, $134,730. Depreciation reported on the income statement, $46,140. Equipment was purchased at a cost of $90,060 and fully depreciated equipment costing $24,760 was discarded, with no salvage realized. The mortgage note payable was not due for six years, but the terms permitted earlier payment without penalty. 8,000 shares of common stock were issued at $20 for cash. Cash dividends declared and paid, $82,100. Required: Prepare a statement of cash flows, using the indirect method of presenting cash flows from (used for) 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 flows from (used for) operating activities: - Select - Changes in current operating assets and liabilities: - Select - - Select - - Select - - Select - $- Select - Cash flows from (used for) investing activities: $- Select - - Select - Cash flows from (used for) financing activities: $- Select - - Select - - Select - - Select - $- Select - Cash balance, January 1, 20Y8 fill in the blank 29 Cash balance, December 31, 20Y8 $fill in the blank 30