Below you find the comparative statements of financial position for the company Rain Ltd. 2020 2019 Assets Land Equipment Accumulated depreciation - equipment Inventory Accounts receivable Cash Total Equity and Liabilities Share capital - ordinary (EUR 1 par) Retained earnings Bonds payable Accounts payable 73 000 180 000 - 66 000 170 000 85 000 83 000 525 000 100 000 200 000 - 34 000 187 000 71 000 33 000 557 000 216 000 194 000 80 000 35 000 525 000 174 000 136 000 200 000 47 000 557 000 Additional information: 1. Net income for 2020 was 125,000 2. Equipment which cost 20,000 and had accumulated depreciation of 3,600 was sold for 7,000. 3. Cash dividends of 67,000 were declared and paid 4. Bonds payable amounting to 120,000 were redeemed for cash 120,000. 5. Ordinary shares were issued for 42,000 cash. 6. Land was sold for its book value of 27,000. Instructions Prepare a statement of cash flows for 2020 using the indirect method