The comparative balance sheet of Yellow Dog Enterprises inc, at December 31,20Y8 and 20Y7, is as follows: Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20 vis are as follows: a. Net income, $114,940. b. Depreciation repirted on the income statement, $35,760. e. Equipment was purchased at a cost of $70,080 and fully depreciated equipment costing $19,110 was discarded, with no salvage realized. d. The mortgage note payable was not due for six years, but the terms permitted eartier payment without penalty. e. 6,000 shares of common stock were issued at $20 for cash. f. Cash dividends declared and paid, $70,040. Requiredt Prepare a statement of cash flows, using the indirect method of aresenting cash fows frum operaling activities, Use the minus sign to indicate cash outfiaws, cash payments, decreases in cash, or any negative adjustments. Statement of Cash Flowis For the Year Ended December 31, 20YB Eash fiows from [used for] operabnj activitiest Adjustments to reconcle net income to net cash flow from operating activities: + Changes in currert operating assets and liabilales: Net cash fow from operating activities Cash flows from (used for) investing activities: Het cash flow used for ifvesting activities Cash flows from (used for) financing activeles: Wet cash fow uted for finsnciag activities 1 thore Diest Mr Mork usess romationg. 1 roore Check My Work useit temainidg