11 Grade The following comparative balance sheets 2010 & 2020 and additional information for "National Company are given Assets Dec. 31. 2020 Cash $157.000 Dec. 31, 2019 $44.000 Accounts Recevable 48.000 42000 Inventory and supples 28.000 36,000 Investments D 36.000 Machines 114.000 104.000 Accumulated depreciation- Machines (28.000) (20.000) Total Assets $314.000 $244.000 Liabilities & Stockholders Equity Note payable $74,000 $54,000 Bonds payable (long-term) 64,000 86,000 Common Stock 80,000 44,000 Retained Earnings 96.000 60.000 Total Liabilities & Stockholders $314.000 $244,000 Equity Income Statement & Additional information: 1. Net income for the current year ending December 31, 2020 is $58,000 2. Sold investments for cash, cost $30,000 and resulting in $6,000 gain 3. The only changes affecting retained eamings are net income and cash dividends paid 4 All the following transactions are in cash Purchased new machines: repay bonds payable, and issuance common stock Required: Prepare the full statement of cash flows using indirect method for the year ended December 31, 2020 JOLFSOD.nownE FIGHTHOUNEUTTILA PERADATE UNGL (7 Grades) The following comparative balance sheets 2019 & 2020 and additional information for "National Company" are given: Assets Dec. 31, 2020 Dec. 31, 2019 Cash $152,000 $44,000 Accounts Receivable 48,000 42,000 Inventory and supplies 28,000 38,000 Investments 0 36,000 Machines 114,000 104,000 Accumulated depreciation- (28.000) (20,000) Machines Total Assets $314,000 $244,000 Liabilities & Stockholders' Equity Note payable $74,000 $54,000 Bonds payable (long-term) 64,000 86,000 Common Stock 80,000 44.000 Retained Earnings 96.000 60,000 Total Liabilities & Stockholders' $314,000 $244.000 Equity Income Statement & Additional information: Common Stock 80,000 44,000 Retained Earnings 96.000 60.000 Total Liabilities & Stockholders' $314,000 $244,000 Equity Income Statement & Additional information: 1. Net income for the current year ending December 31, 2020 is $58,000 2. Sold investments for cash, cost $36,000 and resulting in $6,000 gain. 3. The only changes affecting retained earnings are net income and cash dividends paid 4. All the following transactions are in cash: Purchased new machines, repay bonds payable, and issuance common stock. Required: Prepare the full statement of cash flows using indirect method for the year ended December 31, 2020 (PLEASE PROVIDE EACH AMOUNT/ITEM I For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt