. (24 points) me comparative balance sheets for Gallup Company appear below: GALLUP COMPANY Comparative Balance Sheets Dec 31, 2020 Dec. 31. 2019 Assets Cash $ 13,000 $15,000 Accounts receivable 18.000 24,000 Inventory 32.000 12,000 Long-term investments 18.000 Land 100.000 25.000 Equipment 60.000 30,000 Accumulated depreciation-equipment (18.000 (14.000) Total assets $205.000 $110.000 Liabilities and Stockholders Equity Accounts payable $ 25,000 $13.000 Salaries payable 5.000 8.000 Bonds payable 32.000 44.000 Common stock 40.000 15.000 Preferred Stock 100.000 25.000 Retained earnings 5.000 Total liabilities and stockholders' equity $205.000 $110.000 Additional information: 1. Net income for the year onded December 31, 2020. was $16.000. 2. Cash dividends of $18.000 were declared and paid during the year. 3. Long-term investments that had a book value of $18.000 were sold for $15.000. 4. Issued $75.000 of preferred stock in direct exchange for the land. 5. No equipment was sold during the year. Required: Prepare a Statement of Cash Flows using the Indirect Method in proper format on the next page