A comparative balance sheet for Culver Corporation is presented as follows. December 31 Assets Cash Accounts receivable Inventory Land 2020 2019 72,740 83,220 181,220 72,220 261,220 $ 22,000 67,480 190,480 111,480 201,480 (70,220) (43,480) $600,400 $549,440 Equipment Accumulated Depreciation-Equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings 35,220 $48,480 150,000 200,000 164,000 214,000 201,180 136,960 $600,400 $549,440 Total Additional information: 1. Net income for 2020 was $127,440. No gains or losses were recorded in 2020. 2. Cash dividends of $63,220 were declared and paid. 3. Bonds payable amounting to $50,000 were retired through issuance of common stock. Prepare a statement of cash flows for 2020 for Culver Corporation. (Show amounts that decrease cash flow wit sign e.g. -15,000 or in parenthesis e.g. (15,000).)