The Murdock Corporation reported the following balance sheet data for 2018 and 2017: Cash 2018 Available-for-sale debt securities (not cash equivalents) $ 91,805 22,000 Accounts receivable 93,000 Inventory 178,000 Prepaid insurance 2,670 Land, buildings, and equipment 1,276,000 Accumulated depreciation (623,eee) Total assets $1,040,475 Accounts payable $ 88,040 Salaries payable 25, 200 Notes payable (current) 36,700 Bonds payable 213,000 Common stock 300,000 Retained earnings 377 535 Total liabilities and shareholders' equity $1,840,475 2017 $ 30,755 98,00 79,95 156,700 3,300 1,138,000 (585,000) $ 921,705 $ 161,670 31,000 88,000 300,000 341,035 $ 921,705 Additional information for 2018: (1.) Sold available-for-sale debt securities costing $76,000 for $81,800. (2.) Equipment costing $20,000 with a book value of $6,300 was sold for $7.950. (3.) Issued 6% bonds payable at face value, $213,000. (4.) Purchased new equipment for $158,000 cash. (5.) Paid cash dividends of $26,500. (6.) Net income was $63,000. Required: Prepare a statement of cash flows for 2018 in good form using the indirect method for cash flows from operating activities. (Amounts to be deducted should be indicated with a minus sign.) MURDOCK CORPORATION Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows from operating activities: noch affects: Saved MURDOCK CORPORATION Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows from operating activities: Adjustments for noncash effects: Changes in operating assets and liabilities: Net cash flows from operating activities Cash flows from investing activities: Net cash flows from investing activities Cash flows from financing activities: Net cash flows from financing activities Cash balance, January 1 Cash balance, December 31