The comparitive balance sheet of Merrick Equipment Co. for December 31, 20Y9 amd 20Y8, is as follows:

The comparative balance sheet of Merrick Equipment Co. for December 31, 2049 and 2048, is as follows: Dec. 31, 2019 Dec. 31, 2018 Assets Cash $227,260 $210,680 82,330 75,670 Accounts receivable (net) Inventories Investments 232,410 224,020 0 86,790 Land 0 119,210 256,420 198,070 Equipment Accumulated depreciation-equipment (53,410) (60,030) $857,600 Total assets $741,820 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) $155,230 $146,140 Accrued expenses payable (operating expenses) 15,440 19,290 Dividends payable 8,580 6,680 Common stock, $10 par 46,310 36,350 Paid-in capital in excess of par-common stock 174,090 100,890 Retained earnings 457,950 432,470 Total liabilities and stockholders' equity $857,600 $741,820 Additional data obtained from an examination of the accounts in the ledger for 20y9 are as follows: a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year. C. The investments were sold for $101,540 cash. d. The common stock was issued for cash. e. There was a $60.350 credit to Retained Earnings for net income. f. There was a $34.870 debit to Retained Earnings for cash dividends declared. Statement of Cash Flows For the Year Ended December 31, 2049 Cash flows from (used for) operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: O 01 llll DO OU Net cash flow from operating activities Cash flows from (used for) investing activities: Net cash flow used for investing activities Cash flows from (used for) financing activities: Net cash flow from financing activities Cash balance, January 1, 2019 Cash balance, December 31, 2019