The following additional information is taken from the records:

Land was sold for $$123.$

Equipment was acquired for cash.

There were no disposals of equipment during the year.

The common stock was issued for cash.

There was a $$294$ credit to Retained Earnings for net income.

There was an $$98$ debit to Retained Earnings for cash dividends declared.

Required:

A$.$ Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. Be sure to complete the heading of the statement. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments.

B$.$ Was the net cash flow from operations for Olson$-$Jones Industries Inc. more or less than net income? What is the source of this difference?