Use the following excerpts from Victrolia Company's financial information. Accounts Payable Accured Liablities 19,5502,200 Additional Information: Plant assets were sold for $40,000; book value $16,500 Dividends of 523,000 were declared and paid Prepare a statement of cash flows (direct method) for the year 2018. Use the minus sign to indicate cash out flows, a decrease in cash or cash payments. Victrolia Company Statement of Cash Flows (Direct Method) For the Year Ended December 31, 2018 Cash Flow from Operating Activities: Cash Colincted from Customens Cash Payments: To Supoluers of Inventory To vendons for Operating Expenses Net cash flows from operating activities Cash Fow from Investing Activities: erochech from sale of piant Assets. Net Cash Flow from Invesung Activities x Cash Flow from Financing Activities: pivonnas paid = v x Victrolia Company Statement of Cash Flows (Direct Method) For the Year Ended December 31, 2018 Cash Flow from Operating Activities: Cash Collected from Customers Cash Payments: Cash Flow from Investing Activities: Proceeds from Sale of Plant Assets Net Cash Flow from Investing Activities x Cash Flow from Financing Activities: Dividends Paid X Net Cash Flow from Financing Activities Iotal Cash Flow increase Cash Balance, December 31, 2017 Cash Balance, December 31, 2018