Based on the following data for Petra Co. for the year ending December 31,2020 and the preceding year ended December 31, 2019, prepare a statement of cash flows. Use the indirect method of reporting cash flows from operating activities. In addition to the balance sheet data, assume that: Equipment costing $125,000 purchased for cash. Equipment costing $$5,000 with accumulated depreciation of $$65,000 sold for $5,000, resulting a loss of $5,000. The stock issued for cash. Net income for the year 2020 is $51,000. Depreciation for the year 2020 is $57,000 and loss from sale of equipment is $5,000. Cash dividends paid for 2020 is $12,000