A comparative balance sheet for Burns Company appears below. Burns Company Comparative Balance Sheets Dec. 31, Dec. 31, 2020 2019 Assets Cash Accounts receivable $ 23,000 $ 10,000 18,000 14,000 27,000 18,000 Inventory Prepaid expenses 6,000 9,000 Long-term investments -0- 18,000 Equipment 60,000 32,000 (18,000) (14.000) Accumulated depreciation- equipment Total assets $ 116,000 $ 87,000 Liabilities and Stockholders' Equity $ 7,000 $ 17,000 Accounts payable 47,000 37,000 Bonds payable 23,000 40,000 Common stock 10.000 22.000 Retained earrings Cash Accounts receivable Inventory Prepaid expenses $23,000 $100 18,000 14.000 27.000 18.000 6,000 9000 Long-term investments Equipment Accumulated 0 18.000 60,000 32.000 (18.000 114000 depreciation equipment Total assets $116.000 $_87.000 Liabilities and Stockholders' Equity Accounts payable Bonds payable $ 17,000 37.000 40,000 $ 7.000 47,000 23.000 Common stock Retained earnings 22.000 Liabilities and Stockholders' Equity $116.000 $37.000 Additional information: 1. Net Income for the year ending December 31, 2020 was $24000 2. Dividends of $12.000 were declared and paid during the 3. Long-term investments that had a cost of $18.000 were force 4. No equipment was sold or disposed of during they 5. The company issued common stock during the Additional information 1. Net income for the year ending December 31, 2020 was $24000 2. Dividends of $12,000 were declared and paid during the year. 3. Long-term investments that had a cost of $18,000 were sold for $16,000 4. No equipment was sold or disposed of during the year, 5. The company issued common stock during the year 6. The company repaid a portion of its outstanding bonds payable during the year Instructions Prepare a statement of cash flows for the year ended December 31, 2020. using the indirect Compute the company's free cash flows for the year ended December 31, 2020 In preparing your answer, you can use the tables below as a starting point. (note... only use the rows and columns that you need... (count might not be exact) Burns Company Statement of Cash Flow For the Year Ended December 31 2020 Operating Activities Net Income