The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 2078 and 2017, is as follows: Dec. 31, 2018 Dec. 31 2017 Assets Cash $78,130 596,050 120,050 129,480 171,500 160,470 6,990 Accounts receivable (net) inventories Prepaid expenses Equipment Accumulated depreciation equipment Total assets 4,860 287,530 (70,510) 349,350 (90,830) $635,190 $607,880 $133,390 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) Mortgage note payable Common stock, $1 par Pald-in capital: Excess of issue price over par common stock $127,050 182,360 0 21,000 307,000 13,000 171,000 114,470 Retained earnings 173,800 Total abilities and stockholders' equity $635,190 5607,880 Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20Y8 are as follows: Additional data obtained from the income statement and from an examination of the accounts in the leder for 2073 are as follows Net Income 5151,880 b. Deprecation reported on the income statement, 544,180 Equipment was purchased at a cost of $55,650, and fully depreciated equipment costing $23,060 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 3,000 shares of common stock were stued at $18 for cash Cash dividends declared and paid $92,550 Required: Prepare a statement of cash nows, using the indirect method of presenting cash flows from operating a coves. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments Yellow Dog Enterprises Inc. Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows from operating activities Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities Net cash row from operating activities Cash rows from investing activities Netcash now used for investing activities For the Year Ended December 31, 2018 Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: Net cash flow from operating activities Cash flows from investing activities: Net cash flow used for investing activities Cash flows from financing activities: Net cash flow used for financing activities Cash at the beginning of the year Cash at the end of the year