PR 13-1A Statement of cash flows-indirect method Obj. 2, 3, 4, 5 Net cash flow from The comparative balance sheet of Lvers Inc. for December 31,20Y3 and 20Y2, is shown as follows: operating activities, $490,000 Additional data obtained from an examination of the accounts in the ledger for 20Y3 ane as follows: a. The investments were sold for $175,000cath b. fquipment and land were acquired for cash. c. There were no disposals of equpment during the year: d the comenon stod was iswed for cash E. There was a 5500,000 credt to Hetained farnings for net income. t. There was a $90,000 debit to Retalned Earnings for cash dridends declared. Instructions Prepare a statement of eash flosvs, using the indirect method of presenting cush flows from operating activities