Below is the comparative balance sheet for Cambridge Industries Ltd.: Cambridge Industries Ltd. Balance Sheet December 31 2020 2019 Assets: Cash $ 32,300 $ 40,800 Accounts receivable 79,900 107,100 Investments trading (FVNI) 88,400 81,600 Land 86,700 49,300 Plant assets 425,000 345,100 Accumulated depreciation plant assets (147,900) (136,000) Total assets $ 564,400 $ 487,900 Liabilities and Equity: Accounts payable $ 18,700 $ 6,800 Current portion of long-term note 8,000 10,000 Long-term note payable 119,500 75,000 Common shares 130,900 81,600 Retained earnings 287,300 314,500 Total liabilities and equity $ 564,400 $ 487,900 Additional information: 1. Net income for the year ended December 31, 2019 was $161,500. 2. Cash dividends were declared and paid during 2019. 3. Plant assets with an original cost of $51,000 and with accumulated depreciation of $13,600 were sold for proceeds equal to book value during 2019. 4. The investments are reported at their fair value on the balance sheet date. During 2019, investments with a cost of $12,000 were purchased. No other investment transactions occurred during the year. Fair value adjustments are reported directly on the income statement. 5. In 2019 land was acquired through the issuance of common shares. The balance of the common shares issued were for cash. Required: Using the indirect method, prepare the statement of cash flows for the year ended December 31, 2019 in good form including all required disclosures.