Additional data for the current year are as follows: a. Fully depreciated equipment costing $39,000 was scrapped, no salvage, and equipment was purchased for $157,000. b. Bonds payable for $100,000 were retired by payment at their face amount. c. An additional 5,000 shares of common stock were issued at $15 for cash. d. Cash dividends declared were paid, $41,400. e. All sales were on account. Prepare a statement of cash flows, using the direct 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. For the Year Ended December 31, Year 2 Cash flows from (used for) operating activities: Cash flows from (used for) investing activities: Cash flows from (used for) financing activities: Cash as of January 1, Year 2 Cash as December 31, Year 2 Additional data for the current year are as follows: a. Fully depreciated equipment costing $39,000 was scrapped, no salvage, and equipment was purchased for $157,000. b. Bonds payable for $100,000 were retired by payment at their face amount. c. An additional 5,000 shares of common stock were issued at $15 for cash. d. Cash dividends declared were paid, $41,400. e. All sales were on account. Prepare a statement of cash flows, using the direct 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. For the Year Ended December 31, Year 2 Cash flows from (used for) operating activities: Cash flows from (used for) investing activities: Cash flows from (used for) financing activities: Cash as of January 1, Year 2 Cash as December 31, Year 2