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. $80,000.00. $100,000.00. Accounts receivable 275,000.00. 300,000.00. merchandise inventory 510,000.00. 400,000.00. prepaid expenses. 15,000.00. 10,000.00. equipment. 1,750,000.00. 750,000.00. Accumulated depreciation (200,000.00. (160,000.00. total Assets. 1,750,000.00. $1400,000.00. liabilities and stockholders equity. Accounts payable. $100,000.00. $90,000,00. mortgage note payable 0.00. 400,000.00. common stock $10 par. 600,000.00. 200,000.00. paid in capital. 300,000.00. 100,000.00. retained earnings. 750,000.00. 610,000.00. total liabilities and. $1,750,000.00 $1,400,000.00. 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, $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 declared, 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.