Additional information: 1. Net income for 2020 was $102,000. 2. Cash dividends of $28,000 were declared and paid. 3. Bonds payable amounting to $59,000 were redeemed for cash $59,000. 4. Common stock was issued for $41,000 cash. 5. Equipment that cost $49,000 and had a book value of $29,000 was sold for $38,000 during 2020; land was sold at cost. (a) Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) KINGBIRD COMPANY Statement of Cash Flows =