Statement of Carst Flows Additional data obtained from an examination af the accounts in the ledger for 20yg are as follows: a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year. c. The investments were sold for $96,660 cash. d. The common stock was issued for cash. e. There was a $65,640 credit to fietained Earnings for net income- f. There was a $43,150 debit to Retained Earnings for cash dividends declared. Required: Prepare a statement of cash flows, using the indirect method of presenting cash flows from (used for) operatins activities. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or amy negative adjustments. Merrick Equipment Co. Statement of Cash Flows For the Year Ended December 31,20 19 Cash flows from (used for) operating activities: Adjustments to reconcile net income to net cash flows from (used for) operating activities: 5 Changes in current operating assets and liabilisias: Net, cash fiovs from opcrating activities Casth flows from (used for) investing activities: Net cash flows used for investing anctivitien: Cash flows from (used for) financing activities? Net eash flows from financing activities 5 Cash balance, January 1, 2cyg Cash balance, Decermber 31 . 20 yo 5