5. A comparative staternent of financial position for Marin Company appears below MANN COMPANY Comparative Statement of Financial Position Dec 31, 2020 Dec 31, 2019 Assets Equipment 62,000 34,000 Accumulated depreciation equpment 120,000) (14,000 Long-term investments 18,000+ Prepaid expenses 7,000 10,000 Inventory 24,000 17,000 Accounts receivable 18,000 14,000 Cash 33.000 10000- Total assets 122.000 97.000 0 I 1 Share capital-ordinary Retained earnings Bonds payable Accounts payable Total equity and liabilities Equity and Liabilities 40.000 28,000 37,000 17.000 122.000 23,000- 10.000 47,000 7.000- 87.000- Additional information 1. Income before Income Tax for the year ending December 31, 2020 was 35,000.- 2 At 2020, Income tax expense was 2,000 Interest expense was 20,000 3. Cash dividends of 15,000 were declared and paid during the year 4. Long-term investments that had a cost of 18,000 were sold for 14,000.- 5. Sales for 2020 were 120,000.- Instructions Prepare a statement of cash flows for the year ended December 31, 2020, using the indirect method