art Time: 07:29 PM / Remaining: 40 min. CES Question 2 The following information is taken from Karen Corporation's financial statements: Cash Accounts receivable Allowance for doubtful accounts Inventory Prepaid expenses Land Buildings Accumulated depreciation Patents December 31 2021 2020 $ 74,340 $ 31,860 120,360 94,400 (5,310) (3,658) 188,800 206,500 8,850 8,024 118,000 70,800 346,920 287,920 (37,760) (15,340) 23,600 41,300 $837,800 $721,806 Accounts payable Accrued liabilities Bonds payable Common stock Retained earnings-appropriated Retained earnings-unappropriated Treasury stock, at cost $ 106,200 63,720 147,500 118,000 94,400 325,680 (17,700) $837,800 $ 99,120 74,340 70,800 118,000 11,800 357,186 (9,440) $721,806 Net income Depreciation expense Amortization of patents Cash dividends declared and paid Gain or loss on sale of patents For 2021 Year $92,394 22,420 5,900 41,300 none Prepare a statement of cash flows for Karen Corporation for the vear 2021. (Use the Indirect met or in parenthesis e.g. (15,000).)