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Instructions The comparative balance sheet of Livers Inc. for December 31, 20Y3 and 20Y2, is as follows: Dec. 31, 20Y3 Dec. 38 Equipment 552,300.00 706,070.00 (165,580.00) 9 Accumulated depreciation-equipment (147,010.00) 10 Total assets $2,363,960.018 Total liabilities and stockholders equity $2,363,960.00 $2,057,080.00The income statement for the year ended December 31, 2043, is as follows: Sales $5,378,129.00 2 Cost of goods sold 3,306,510.8 Operating income $297,170.00 Other income: 10 Gain on sale of investments 40,390.00 11 Income before income tax $337,560.00Labels and Amount Descriptions Labels and Amount Descriptions Cash paid for dividends Cash paid for purchase of equipment CasChange in cash December 31, 20Y3 Depreciation For the Year Ended December 31, 20Y3 Gain on sale of investments Issuance of coNet cash flow used for investing activities Net cash flow used for operating activitiesLivers Inc. Score: 0/131 Statement of Cash Flows (Label) 1 Cash flows from operating activities:8 Cash flows from investing activities: 14 Cash flows from financing activities:19 Cash at the beginning of the year 20 Cash at the end of the year

Prepare a statement of cash flows, using the direct method of presenting cash flows from operating activities. Be sure to complete the heading of the statement. Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. Enter amounts that represent cash outflows as negative numbers using a minus sign. No income statement provided.

Updated: Sorry for forgetting the income statement.

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Livers Inc. Statement of Cash Flows For the Year Ended December 31.20Y3 1 cash flows from operating activities: 2 Cash receiv**working Cash received from customers A/R at beg. Add : sales Less : A/R at end 208030 5378129 -228170 5357989 Cash paid for

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