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The comparotve balance sheet of Merrick Equipment Co, for December 31, 20Y and 20YB, is as foliows: a. Equprent and land were acquired for eash:

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The comparotve balance sheet of Merrick Equipment Co, for December 31, 20Y and 20YB, is as foliows: a. Equprent and land were acquired for eash: b. There mere no disposals of equipment during the yeor c. The investments were sold for $100,170 cash. d. The common stock was bsued for cash. 6. There nas a $78,050 credit to Retbined Earnings for net income t. There was a $44,716 debe to Retained Farnings for cash dividends declared. Required: Prepare a statement of cash fows, using the indirect method of presenting cash fiows fram (used for) ooverating activities. Use the minus siga to indicate cash outfows; cast paymevts, decreases in cash, or any negotive adjustrnents. Cash flows from (used for) financing activities: Net cash fows from financing activities Cash balance, January 1,20 , 9 Cash bslance, December 31, 20y9

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