The comparative balance sheets and an income statement for Raceway Corporation follow. Other Information 1. Purchased land for $112,500. 2. Purchased new equipment for $103,600. 3. Sold old equipment that cost $130,820 with accumulated depreciation of $110,420 for $20,400 cash. 4. Issued common stock for $47,000. Required Prepare the statement of cash flows for Year 2 using the indirect method. (Cash outflows should be indicated with a minus