17 Grades The following comparative balance sheets 2019 & 2020 and additional information for "National Company are given Assets Dec. 31 Dec. 31 2020 2019 Cash $312,000 $52,000 Accounts Receivable 104,000 96,000 Inventory and supplies 60,000 116,000 Investments 0 72,000 Machines 228,000 208,000 Accumulated depreciation (56,000) (40,000) Machines Total Assets $648,000 $604.000 Liabilities & Stockholders' Equity Note payable 148.000 108,000 Bonds payable (long-term) 148,000 188,000 Common Stock 160 000 88,000 Retained Earings 192,000 120,000 Total Liabilities & Stockholders' $648,000 $504,000 Equity Income Statement & Additional Information 1 Net income for the current year ending December 31, 2020 is $116,000 2 Sold investments for cash, cost $72,000 and resulting in $12,000 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 For thaton