ABC Balance sheet and additional information as shown below.

ABC Company
Balance Sheet
	2020	2019
Cash	$40,152	$11,253
Accounts Receivables	45,025	21,200
Inventory	52,700	41,000
Long term investment	0	20,000
Property, Plant and Equipment	254,600	160,000
Accumulated Depreciation	(38,000)	(27,000)
	354,477	226,453
Accounts Payable	12,500	25,546
Accrued liabilities	29,300	19,000
Line of Credit	28,000	0
Long term notes payable	90,000	50,000
Common stock	125,000	90,000
Retained earnings	70,000	29,000
	354,800	213,546

Additional data:

Net income for 2020 is $76,000

Depreciation on plant assets for the year is $13,000

Sold long term investment for $60,000 (assume gain or loss is ordinary)

Paid dividends for $60,000

Purchased equipment costing $27,200, paid cash

Purchased equipment and gave a $60,000 long term note payable

Instructions:

Create a statement of cash flows using the indirect method