Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: Debits > Credits by: $115,700 170,100 Credits > Debits by: $ 84,300 4,200 118,000 Cash Accounts receivable Inventory Prepaid expenses Long-term loans to subsidiaries Long-term investments Plant and equipment Accumulated depreciation Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings 93,000 305,000 65,600 48,400 5,100 9,400 409,000 126,000 5814,900 76,000 $814,900 The following additional Information is available about last year's activities: a. Net Income for the year was $_? b. The company sold equipment during the year for $35,900. The equipment originally cost $160,800 and it had $126,000 in accumulated depreciation at the time of sale, c. Cash dividends of $10,300 were declared and paid during the year. d. The beginning and ending balances in the plant and Equipment and Accumulated Depreciation accounts are given below. Plant and equipment Accumulated depreciation Beginning Teding 52,890,000 $3.199,000 5 987,700 51.053,300 e. The balance in the Cash account at the beginning of the year was $109,300, the balance at the end of the year was $_? tlf data are not given explaining the change in an account, make the most reasonable assumption as to the cause of the change, Rent e. The balance in the Cash account at the beginning of the year was $109,300; the balance at the end of the year was $_? tif data are not given explaining the change in an account, make the most reasonable assumption as to the cause of the change. Required: Using the Indirect method, prepare a statement of cash flows for the year. (List any deduction in cash and cash outflows as negative amounts.) Yoric Company Statement of Cash Flow Operating activities Net Income Adjustments to convert net income to a cash basis $ 86,300 0 86,300 Investing activities: 0 Financing activities 0 38 300 Operating activities: Net income Adjustments to convert net income to a cash basis: $ 86,300 0 86,300 Investing activities: 0 Financing activities: 86,300 Beginning cash and cash equivalents Ending cash and cash equivalents $ 86,300