1 more Check My Work uses remaining. Additional data for the current year are as follows: - Fully depreciated equipment costing $60,000 was scrapped, no salvage, and new equipment was purchased for $183,200. - Bonds payable for $100,000 were retired by payment at their face amount. - 5,000 shares of common stock were issued at $13 for cash. - Cash dividends declared and paid, $25,000. Prepare a statement of cash flows, using the indirect method of reporting cash flows from (used for) operating activities. Use the mi - Bonds payable for $100,000 were retired by payment at their face amount. - 5,000 shares of common stock were issued at $13 for cash. - Cash dividends declared and paid, $25,000. Prepare a statement of cash flows, using the indirect method of reporting cash flows from (used for) operating activities. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Posner Company Statement of Cash Flows For the Year Ended December 31, Year 2 1 more Check My Work uses remaining. Cash flows from (used for) financing activities: Cash as of January 1, Year 2 Cash as of December 31 , Year 2 1 more Check My Work uses remaining