17 70. (14 points) The following information is available for ABC Company at December 31 Cash 2020 2019 $ 10,000 Accounts Receivable $ 33,000 13,000 14,000 Inventory 40,000 45,000 Prepaid Insurance 18,000 9,000 Land 100,000 100.000 Property. Plant and Equipment 300,000 280,000 Accumulated Depreciation (85.000) (80,000) Totals $.395,000 5,401.000 Accounts Payable $ 20,000 $ 30,000 Interest Payable 2,000 1,000 Income Taxes Payable 21,000 42,000 Long-term Debt 55,000 75,000 Common Stock 255,000 245,000 Retained Earnings 43.000 8.000 Totals $ 396.000 $2401.000 Additional Information: Common Stock was issued for $10,000 cash Long-term debt was retired at face value Property, Plant and Equipment was acquired for cash Net Income for the year was $35,000 Depreciation Expense for the year was $5,000 Required: Prepare only the "Operating Activities Section of the Statement of Cash Flows for 2020. Use the indirect method. DO NOT PREPARE THE ENTIRE STATEMENT OF CASH FLOWS