Question: statement of cash flows- Indirect Method please help me with this one. thank youu!!! Statement of Cash Flows-Indirect Method The comparative balance sheet of Yellow

Statement of Cash Flows-Indirect Method The comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 20Y8 and 2017, is as follows: Dec. 31, 2018 Dec. 31, 2017 Assets Cash $50,990 $62,360 Accounts receivable (net) 78,350 84,060 Merchandise inventory 111,940 104,190 Prepaid expenses 4,560 3,160 Equipment Accumulated depreciation-equipment 228,010 186,680 (59,280) (45,780) Total assets $414,570 $394,670 Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) Mortgage note payable $87,060 $82,490 0 Common stock, $1 par 13,000 Paid-in capital: Excess of issue price over par-common stock 196,000 118,400 8,000 111,000 74,780 $394,670 Retained earnings 118,510 Total liabilities and stockholders' equity $414,570 Additional data obtained from the income statement and from an examination of the accounts in the ledger for 20Y8 are as follows: a. Net income, $111,950. b. Depreciation reported on the income statement, $28,990. C. Equipment was purchased at a cost of $56,820, and fully depreciated equipment costing $15,490 was discarded, with no salvage realized. d. The mortgage note payable was not due for six years, but the terms permitted earlier payment without penalty. e. 5,000 shares of common stock were issued at $18 for cash. f. Cash dividends declared and paid, $68,220 Prepare a statement of cash flows, using the indirect method. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments Yellow Dog Enterprises Inc. Statement of Cash Flows For the Year Ended December 31, 2048 Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: [ 1 bill I QUE Net cash flow from operating activities Cash flows from (used for) investing activities: Net cash flow used for investing activities Cash flows from (used for) financing activities: Net cash flow used for financing activities Cash at the beginning of the year Cash at the end of the year
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