Blackboard Remaining Time 1 hour, 59 minutes 26 seconds. * Question Completion Status Assets Cash Accounts Receivable Inventory and supplies Investments Machines Accumulated depreciation-Machines Total Assets Dec. 31, 2020 $156,000 52,000 30,000 0 114,000 (28,000) $324,000 Dec. 31, 2019 $26,000 48,000 58,000 36,000 104,000 (20,000) $252,000 Liabilities & Stockholders' Equity Note payable Bonds payable (long-term) Common Stock Retained Earnings Total Liabilities & Stockholders' Equity $ 74,000 74,000 80,000 96,000 $324,000 $ 54,000 94,000 44,000 60,000 $252,000 Income Statement & Additional information: 1. Net income for the current year ending December 31, 2020 is $58,000. Sold investments for cash, cost $36,000 and resulting in $6,000 gain. The only changes affecting retained earnings are net income and cash dividends paid. All the following transactions are in cash: Purchased new machines, repay bonds payable quired: epare the full statement of cash flows using indirect method for the year ended Decemb