Based on the Balance Sheet and Additional Information below, prepare a Statement of Cash Flows in proper form for the year ended December 31, 2019. Include any required disclosures based on the information given. Your statement should be prepared using the sheet labeled "SOCF Answer" Please note - you can use this sheet to compute and dissect changes - but the only sheet that will be graded is your "SOCF Answer" sheet. Balance Sheet Change $ Assets Cash and Cash Equivalents Account Receivable Inventories Prepaid Expenses Investments 2019 40,000 42.000 56,000 3,500 25,000 2018 30,000 7,000 30,000 4,000 Plant & Equipment Less Accumulated Depreciation Net Plant & Equipment 400,000 (280,000) 120,000 340,000 (232,000) 108,000 Total Assets 286,500 179,000 Liabilities & Stockholders Equity Accounts Payable Accrued Liabilities Long-term Notes Payable 8,500 8,000 160.000 30,000 4,000 100,000 25,000 Common Stock Retained Earnings 30,000 80,000 20.000 Total Liabilities & Stockholder's Equity $ 286,500 $ 179,000 Additional Information for 2019: Net income for 2019 was $80,000 and the only other change in Retained 1 Earnings was dividend payments. Equipment costing $20,000 with accumulated depreciation of $16,000 was sold 2 for $5,000. 3 Depreciation for 2019 was $64,000. 4 Purchased Investments of $25,000. 5 Purchased machinery costing $30,000, paid cash. Purchased additional machinery by directly issuing a $50,000 long-term note payable. An additional $30,000 was borrowed during the 2019 year and $20,000 6 in payments were made against the note payable