Use the following excerpts from Yardley Company's financial information. 2018 Income Balance Statement Sheets Sales $475,000 Cost of Goods Sold (221,500) Operating Expenses, other than Depreciation Expense Depreciation Expense (59,600) (21,000) 23,500 Gain on Sale of Plant Assets Net Income $196,400 Dec. 31, 2018 Cash $348,450 Accounts Receivable 39,750 33,000 Inventory Accounts Payable 17,550 Accured Liabilities 3,500 Dec. 31, 2017 Cash Accounts Receivable $133,500 36,500 35,000 Inventory Accounts Payable 19,550 Accured Liabilities 2,200 Yardley Company Statement of Cash Flows (Indirect Method) For the Year Ended December 31, 2018 Operating Activities: Net Income 196,400 21,000 Adjustments to Reconcile Net Income to Net Cash Flow from Operating Activities: Depreciation Expense Gain on Sale of Plant Assets Changes in Current Assets and Liabilities: Accounts Receivable 23,500X Inventory 33.000 X Accounts Payable 19,550 X Accrued Liabilities Net Cash Flow from Operating Activities Cash Flow from Investing Activities: Proceeds from Sale of Plant Assets Net Cash Flow from Investing Activities Cash Flow from Financing Activities: Dividends Paid Net Cash Flow from Financing Activities Total Cash Flow Increase Cash Balance, December 31, 2017 Cash Balance, December 31, 2018 Use the following excerpts from Yardley Company's financial information. Dec. 31, 2018 Dec. 31, 2017 Cash $229,100 $207,000 Accounts Receivable 38,350 59,400 35,350 58,200 Merchandise Inventory Land 160,000 Plant Assets 170,000 60,000 170,000 (37,000) Accumulated Depreciation (49,000) Total Assets $607,850 $493,550 Accounts Payable $29,100 $27,300 Accured Liabilities 12,000 Common Stock 15,500 45,000 518,250 $607,850 20,000 434,250 Retained Earnings Total Liabilities and Equity $493,550 Additional Information: Net Income for 2018 $96,000 12,000 Depreciation Expense for 2018 Land Purchased, for Cash 100,000 Stock Issued in Exchange for Cash, At Pat Value 25,000 Dividend Declared and Paid 12,000 Prepare a statement of cash flows (indirect method) for the year 2018. Use the minus sign to indicate cash outflows, a decrease in cash or cash payments. Prepare a statement of cash flows (indirect method) for the year 2018. Use the minus sign to indicate cash outflows, a decrease in cash or cash payments. Yardley Company Statement of Cash Flows (Indirect Method) For the Year Ended December 31, 2018 Cash Flow from Operating Activities: Adjustments to Reconcile Net Income to Net Cash Flow from Operating Activities: Net Cash Flow from Operating Activities Cash Flow from Investing Activities: Net Cash Flow from Investing Activities Cash Flow from Financing Activities: DDDD Net Cash Flow from Financing Activities