789 CHAPTER 16 CASH FLOW STATEMENT Prob. 1 is shown as follows: ob Thecompearative balance sheet of Mavenir Technologles inc. for December 31, 020 and 2019, Dec. 31, 2019 Dec. 31, 2020 ASSETS Cash 312,880 $292,960 Accounts receivable (net) 113,920 104,480 320,880 308,560 120,000 Investments Land -0 276,560 (74,000) 164,000 352,560 (83,200) Equipment Accumulated depreciation-equipment -Deredon $1,028,560 $1,181,040 Liabilities and Stockholders' Equity 2 Accounts payable (merchandise creditors) $214,240 202,480 Accrued expenses payable (operating expenses Dividends payable 21,120 12,000 64,000 240,000 629,680 26,320 9,600 48,000 140,000 602,160 mmon Stock, $10 par Y Paid-in Capital in excess of par-common stock Retained Earnings $1,181,040 $1,028,560 The following additional information was taken from the records: a. The investments were sold for $140,000 cash b. Equipment and land were acquired for cash. c. There were no disposals of equipment during the year. d. The common stock was issued for cash. e. There was a $75,520 credit to Retained Earnings for net income. f. There was a $48,000 debit to Retained Earnings for cash dividends declared. Prepare a statement of cash flows