Using the information below, prepare in good form a statement of Cash Flows for Corporation on the following page. Information from the December 31, 2012 and 2011 balance sheets of Corporation are presented below.

I. Statement of Cash Flows Using the information below, prepare in good form a Statement of Cash Flows for the following page. Information from the December 31, 2012 and 2011 balance sheets Corporation are presented below. ation on 2012 2011 $ 30,000 Cash Accounts Receivable, net Inven 460,000 25,000 1,900,000 S 2,570,000 2300,000 Long-Term Investments Land 560,000 Buildings and Equipment Accumulated Depreciation Accounts Accrued Liabilities $ 300,000 40,000 500,000 50,000 800,000 Long-Term Note Payable Common Stock, $2 par value Paid-in Capital in Excess of Par Value Retained Earnings 160,000 710,000 $2.570,000$2,300,000 Additional information about 2012 transactions and events: (a) Net income was $110,000. (b) Depreciation expense on buildings and equipment was $60,000. (c) Sold equipment with a cost of $50,000 and accumulated depreciation of $30,000 for cash of (d) Declared and paid cash dividends of $60,000 (e) Issued a $150,000 long-term note payable for buildings and equipment. () Purchased long-term investments for $25,000. (g) Paid $300,000 on the bonds payable. (h) Issued 20,000 shares of $2 par value common stock for $200,000. (0) Purchased land for $260,000. $17,000