The management team of Wickersham Brothers incorporated is preparing its annual financial statements. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statements are summarized. Other information from the company's records includes the following: - Bought equipment for cash, \$62,000. - Paid $12,000 on long-term note payable. - Issued new shares of common stock for $20,000 cash. - Cash dividends of $20,100 were declared and paid to stockholders. - Accounts Payable arose from inventory purchases on credit. - Income tax expense ($10,310) and interest expense ($3,600) were paid in full at the end of both years and are included in Other Expenses. WICKERSHAM BROTHERS INCORPORATED Statement of Cash Flows For the Year Ended December 31 Cash Flows from Operating Activities: Adjustments to reconcile net income to net cash provided by operating activities