Please prepare the statement of cash flows and answer the final question. Thank you!!

The comparative balance sheet of Hirayama Industries Inc. for December 31,20Y2 and 20Y1, is as follows: The following additional information is taken from the records: 1. Land was sold for $153. 2. Equipment was acquired for cash. 3. There were no disposals of equipment during the year. 4. The common stock was issued for cash. 5. There was a $79 credit to Retained Earnings for net income. 6. There was a $31 debit to Retained Earnings for cash dividends declared. Hirayama Industries Inc. Statement of Cash Flows (Label) 1 Cash flows from (used for) operating activities: 2 Adjustments to reconcile net income to net cash flows from (used for) operating activities: 4 5 6 Changes in current operating assets and liabilities: 7 8 9 10 11 Cash flows from (used for) investing activities: 12 13 14 15 Cash flows from (used for) financing activities: 16 17 18 19 20 Cash balance, January 1, 20Y2 21 Cash balance, December 31, 20Y2 b. Was Hirayama Industries Inc.'s net cash flows from operations more or less than net income? What is the source of this difference? Net cash flow from operations was than net income. The source(s) of the difference are: Check all that apply. Changes in current operating assets and liabilities Dividends paid Sale of common stock Gain on the sale of land Purchase of equipment Depreciation expense