18. Sohar Metal Corporations comparative Balance sheets are presented below.

	Sohar Corporation Comparative Balance Sheets, Dec. 31
	2020	2019
Cash	28,600	21,400
Account receivable	42,400	46,800
Land	40,000	52,000
Building	140,000	140,000
Accumulated depreciation	(30,000)	(20,000)
Total	221,000	240,200
Account Payable	24,740	62,200
Common stock	150,000	138,000
Retained earnings	46,260	40,000
Total	221,000	240,200

Additional information:

Net Income was $45,260. Dividends declared and paid were $39,000.

All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation. The land was sold for $9,800

Instructions:

Prepare a statement of cash flow for 2020, using the indirect method.