B Remaining Time: 1 hour, 53 minutes, 05 seconds. Question Completion Status: Plaster, Inc., holds 80 percent of Stucco Company's outstanding common stock. The following selected consolidated financial statements information are for 2019 and 2020 (credit balances indicated by parentheses): Plaster, Inc., and Consolidated Subsidiary Stucco 2019 2020 Retained earnings, 1/1 $(620.000) S(762,000) Net income (262,000) (338,000) $(762,000) $(880.000) $180,000 $240,000 340,000 300,000 Retained earnings, 12/31 Cash Accounts receivable Inventory Buildings and equipment (net) Databases Accounts payable Bonds payable Noncontrolling interest in Stucco Common stock Additional paid-in capital Revenues Cost of goods sold Depreciation and amortization Loss on sale of equipment Interest expense Consolidated net income: 420,000 1,300,000 340,000 720,000 1,420,000 310,000 $(320,000) $(220,000) (820,000) (1.040,000) (84,000) (122,000) (220,000) (280,000) (374,000) (448,000) $(1,800,000) $(2,060,000) 1,220,000 1,300,000 200,000 240,000 -0- 60,000 80,000 80,000 DELL Remaining Time: 1 hour, 52 minutes, 35 seconds Question Completion Status Additional paid-in capital Revenues Cost of goods sold Depreciation and amortization Loss on sale of equipment Interest expense Consolidated net income: to noncontrolling interest to parent company Additional Information for 2020: (*) (374,000) $(1,800.000) 1.220,000 www.y (448.000) $(2.060,000) 1,300,000 200,000 240.000 -0- 60,000 80,000 80.000 38,000 $(262,000) 42,000 $(338,000) The subsidiary purchased a building on 10 April for $410,000 in cash. Amortization of databases amounts to $30,000 per year. The parent issued stock for cash on 1 July The parent sold equipment with a cost of $160,000 but a $80,000 book value for cash on August 20. During the year, the subsidiary paid dividends of $20,000. Both parent and subsidiary pay dividends in the same year as declared. The parent issued bonds during the year for cash The only changes affecting retained earnings are net income and cash dividends paid. Required: Prepare a consolidated statement of cash flows for this business combination for the year ending December 31, 2020, using the indirect method. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BIUS Paragraph Arial 10pt P