Presented below are selected financial statement items for Preacher Corporation for December 31, 2014.Inventory $ 55,000 Cash paid to purchase equipment $ 20,000Cash paid to suppliers 154,000 Equipment 40,000Buildings 400,000 Service revenue 200,000 Common stock 20,000 Cash received from customers 162,000Cash dividends paid 2,000 Cash received from issuing Cash at beginning of period 11,000 bonds payable 40,000 Instructions (a) Determine which items should be included in a statement of cash flows, and then prepare the statement for Preacher Corporation.(b) Comment on the adequacy of net cash provided by operating activities to fund the company’s investing activities and dividend payments.