The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 20Y8 and 20Y7, is as follows: Instructions \begin{tabular}{|l|l|r|r|} \hline 6 & Prepaid expenses & 13,030.00 & 10,420.00 \\ \hline 7 & Equipment & 654,380.00 & 537,900.00 \\ \hline 8 & Accumulated depreciation-equipment & (169,970.00) & (133,130.00) \\ \hline 9 & Total assets & $1,190,530.00 & $1,135,620.00 \\ \hline \end{tabular} 10 Liabilities and Stockholders' Equity 11 Accounts payable (merchandise creditors) 12 Mortgage note payable 13. Common stock, $10 par 14 Paid-in capital: Excess of issue price over par-common stock 15. Retained earnings 16 Total liabilities and stockholders' equity \begin{tabular}{|r|r|} \hline 222,570.00 & 6,490.00 \\ \hline$1,190,530.00 & $1,135,620.00 \\ \hline \end{tabular} Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20Y8 are as follows: A. Net income, $368,560 B. Depreciation reported on the income statement, $82,480 C. Equipment was purchased at a cost of $162,120 and fully depreciated equipment costing $45,640 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. 5,000 shares of common stock were issued at $34.00 for cash. F. Cash dividends declared and paid, $152,480 Statement of Cash Flows (x) Yellow Dog Enterprises Inc. Statement of Cash Flows (Label) Cash flows from operating activities: 2 3 Adjustments to reconcile net income to net cash flow from operating activities: 4 5) Changes in current operating assets and liabilities: 6. 7 8 9 10 11 1) rach flour feam invoctinh activition Statement of Cash Flows 8 9 10 11 12. Cash flows from investing activities: 15 14 15 16. Cash flows from financing activities: 17 18 19 20 21 22 Cash at the beginning of the year