Bolero Company holds 75 percent of the common stock of Rivera, Inc., and 40 percent of this subsidiary's convertible bonds. The following consolidated financial statements are for 2020 and 2021 (credit balances indicated by parentheses): $ Bolero Company and Consolidated Subsidiary Rivera 2020 Revenues $ (890,000) Cost of goods sold 608,000 Depreciation and amortization 98,000 Gain on sale of building 0 Interest expense 38,000 Consolidated net income (146,000) to noncontrolling interest 17,000 to parent company $ (129,000) Retained earnings, 1/1 $ (308,000) Net income (129,000) Dividends declared 58,000 Retained earnings, 12/31 $ (379,000) Cash $ 88,000 Accounts receivable 166,000 Inventory 208,000 Buildings and equipment (net) 648,000 Databases 166,000 Total assets $ 1,276,000 Accounts payable $ (148,000) Bonds payable (408,000) Noncontrolling interest in Rivera (40,000) Common stock (116,000) Additional paid-in capital (185,000) Retained earnings (379,000) Total liabilities and equities $ (1,276,000) 2021 $ (1,020,000) 648,000 116,000 (28,000) 38,000 (246,000) 19,000 $ (227,000) $ (379,000) (227,000) 108,000 $ (498,000) $ 166,000 148,000 356,000 714,000 153,000 $ 1,537,000 $ (116,000) (516,000) (49,000) (138,000) (220,000) (498,000) $ (1,537,000) $ Additional Information for 2021 Thanaranticened bonde during the moar for noch 9:14 PM IVIILIOSOTE Ulice Ho... >> Re Additional Information for 2021 The parent issued bonds during the year for cash. Amortization of databases amounts to $13,000 per year. The parent sold a building with a cost of $76,000 but a $38,000 book value for cash on May 11. The subsidiary purchased equipment on July 23 for $207,000 in cash. Late in November, the parent issued stock for cash. . During the year, the subsidiary paid dividends of $40,000. Both parent and subsidiary pay dividends in the same year as declared. Prepare a consolidated statement of cash flows for this business combination for the year ending December 31, 2021. Use the indirect method to compute cash flow from operating activities. (Negative amounts and amounts to be deducted should be indicated by a minus sign.) BOLERO COMPANY AND CONSOLIDATED SUBSIDIARY RIVERA Consolidated Statement of Cash Flows Year Ending December 31, 2021 Cash from operating activities: Adjustment from accrual to cash: Net cash flow from operating activities Cash flows from investing activities: $ 0 Type here to search @ 75F 9:14 PM Year Ending December 31, 2021 Cash from operating activities: Adjustment from accrual to cash: $ 0 Net cash flow from operating activities Cash flows from investing activities: 0 Net cash flow from investing activities Cash flows from financing activities: 0 Net cash flow from financing activities 0 Cash, January 1, 2021 Cash, December 31, 2021 $ 0