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Betty Ltd. Comparative Statements of Financial Position December 31 2020 2019 Land 21,200 27,560 Buildings 74,200 74,200 Accumulated depreciation-buildings (15,900) (10,600 1 Accounts receivable

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Betty Ltd. Comparative Statements of Financial Position December 31 2020 2019 Land 21,200 27,560 Buildings 74,200 74,200 Accumulated depreciation-buildings (15,900) (10,600 1 Accounts receivable 22,048 24,804 Cash 18,717 11,342 Total 120,265 127,306 Share capital-ordinary 79,500 76,320 Retained earnings 27,659 21,200 Accounts payable 13,107 29,786 Total 120,265 127,306 Additional information: 2. Net income was 23,948. Dividends declared and paid were 17,490. All other changes in non-current account balances had a direct effect on cash flows, except the change in accumulated deprecia Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. -15,000, or in parenthesis e.g. (15,000).) Adjustments to reconcile net income to eTextbook and Media BETTY LTD. Statement of Cash Flows > Compute free cash flow. (Enter negative amount using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) Free cash flow

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