nment PRINTEE VERSION BLACK Question 37 Below is selected information for Culver Inc. for December 31, During 2018, a new mortgage loan for $70,000 was received and principal payments of $6,000 were made throughout the year. Net income was $ 76,000 and dividends declared were fully paid in 2018 2018 2017 Mortgage payable $209,000 $145,000 Common Shares 120,000 90,000 Retained Earnings 113,000 59,000 Prepare the financing activity action of the statement of cash flows for the year ended December 31, 2018. (Show amounts that decrease cash flow with other signes -45,000 or in parenthesis e... (45,000).) CULVER INC. Statement of Cash Flows (Partial) For Year Ended December 31, 2018 Cash flows from financing activities Additions to mortgage payable Repayment of mortgage eyebile Not cash by incing activities 4241 6:40 PM