.5 Use the following income statement and balance sheet information to put together a statement of cash flows. (Enter negative amounts using either a negative sign preceding the number e.8. -45 or parentheses e.g. (45).) Sales Cost of goods sold 2020 $1,244,000 $687.000 $557,000 $157.000 Gross profit Gen'l & admin expense Selling & mkt expense $135,000 Depreciation $25,000 Operating income $240,000 Interest $141.000 Income before taxes $99.000 Income before taxes $99,000 Income taxes (27%) $26,730 Net income $72,270 Dividends paid $25,000 Assets 2020 2019 Cash $24,000 $11,830 Accounts receivable $125,000 $112.000 Inventory $200,000 $218,000 Total current assets $349,000 $341,830 Gross plant and equipment $700,000 $475,000 Less: accum. depreciation $313,000 $288,000 Less: accum. depreciation $313,000 $288,000 Net plant and equipment $387,000 $187,000 Total assets $736,000 $528,830 Liabilities Accounts payable $117.000 102,000 Notes payable $28.000 $28,000 Total current liabilities $145.000 $130.000 Long-term debt $245,000 $ 151,000 Total liabilities $390.000 $281,000 Common stock ($0.01 par) $4,500 $4,000 Paid-in capital $225,500 $175, 100 Retained earnings $116.000 $68,730 Common stock ($0.01 par) $4,500 $4,000 Paid-in capital $225,500 $175, 100 Retained earnings $116.000 $68,730 Total stockholders' equity $346,000 $247,830 Total liabilities and equity $736,000 $528,830 Statement of Cash Flows 2020 + $