1. O paines Selected financial statement information and additional data for Stanislaus Co. is presented below. Required: Prepare a statement of cash flows in good form for the year ending December 31, 2019. December 31 2018 2019 Cash $42,000 $68,000 Accounts receivable (net) 84,000 137,900 Inventory 168,000 209,900 Land 58,800 21,000 Equipment. 504.000 789.600 TOTAL $856.800 $1.226400 Accumulated depreciation $84,000 $115,600 Accounts payable 40,400 79,000 Payroll taxes payable 10,000 7,000 Notes payable - long-term. 235,200 331,800 Common stock 420,000 487,200 Retained earnings 67.200 205,800 TOTAL $856.800 $1.226.400 I Additional data for 2019: 1. Net income was $222,800. 2. Depreciation expense was $31,600. 3. Land that orignally cost $43,500 was sold for $40,000 cash. Additional land was purchased for cash 4. Dividends of $84,200 were paid. 5. A long-term note for $201,600 was issued to pay for an equipment purchase. Other equipment was purchased for cash. 6. Common stock was issued to pay $67,200 on a long-term note payable. Additional cash repayments were made on the long term note payable