1. Presented below are the income statement and balance sheet of Windsor, Inc Income Statement -2020 Sales $100 Cost of goods sold 40 Gross profit 60 Operating expense 9 Interest expense 4 Taxes 6 Loss on sale of investment Total expenses 1 20 Net Income 40 Balance Sheet 2020 2019 Cash $10 $2 12 Accounts receivable Inventory 10 14 20 6 4 6 10 Prepaid rent Investments Equipment Accumulated depreciation Total assets 20 15 & 6 60 55 4 3 3 20 Accounts Payable Taxes payable Bonds payable Common stock Retained earnings 10 4 30 28 13 10 Total 60 55 CONTINUED Additional Information A. Sold investment that cost $4 for $3. 3. Average shares of stock outstanding was $10. C Market price of a share of common stock was $20. Required: Prepare a statement of cash flows using the Indirect method for 2020