Selected financial statement information and additional data for Stanislaus Co. is presented below. Prepare a statement of cash flows for the year ending December 31, 2012 December 31 Liitin or 1. Land Equipment. Inventory. Accounts receivable (net). Cash. TOTAL. Additional data for 2012: 4. TOTAL Share capital-ordinary Retained earnings.. Notes payable - Long-term.. Notes payable - Short-term Accounts payable. Accumulated depreciation. Net income was 235,200. 2011 58,800 504,000 168,000 84,000 42,000 856.800 420,000 67,200 168,000 67,200 50,400 84,000 856,800 2. Depreciation was 31,600. 3. Land was sold at its original cost. Dividends of 96,600 were paid. 5. Equipment was purchased for 84,000 cash. 2012 21,000 789,600 201,600 151,200 63,000 1.226.400 487,200 205,800 302,400 29,400 86,000 115,600 1.226.400 6. A long-term note for 201,600 was used to pay for an equipment purchase. 7. Share capital-ordinary was issued to pay a 67,200 long-term note payable. Stanislaus Co. Statement of Cash Flows For the year ended December 31, 2012 Net Income Cash flow from operating activities Depreciation expense Increase in accounts receivable Increase in inventory Increase in accounts payable Decrease in short-term notes payable Net cash provided by operating activities Cash flow from investing activities Purchase equipment Sale of land Net cash used by investing activities Cash flow from financing activities Payment of cash dividend 31,600 (67,200) (33,600) 35,600 (37,800) (84,000) 37,800 235,200 (71,400) 163,800 (46,200) (96,600) 21,000 42,000 63.000 Net increase in cash Cash at beginning of year Cash at end of the year Noncash investing and financing activities Payment of long-term note payable with issuance of 67,200 of share capital-ordinary Long-term note issued as payment of equipment purchase, 201,600