Bolero Company holds 80 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 2021 Revenues $ Cost of goods sold (880, 000) 606,000 $ (1,010,000) 646,000 Depreciation and amortization 96,000 112,000 Gain on sale of building 0 (26,000) Interest expense 36,000 36,000 Consolidated net income (142,000) (242,000) to noncontrolling interest 15,000 17,000 to parent company $ (127,000) (225,000) Retained earnings, 1/1 $ (306, 000) (377,000) Net income Dividends declared Retained earnings, 12/31 Cash Accounts receivable Inventory Buildings and equipment (net) Databases Total assets (127,000) (225,000) 56,000 106,000 $ (377,000) $ (496,000) $ 86,000 S 162,000 162,000 146,000 206,000 352,000 646,000 162,000 708, 000 151,000 $ 1,262,000 $ 1,519,000 3 Windo Total assets Accounts payable Bonds payable Noncontrolling interest in Rivera Common stock Additional paid-in capital Retained earnings Total liabilities and equities $ 1,262,000 $ 1,519,000 (146,000) (406,000) (112,000) (38,000) (112,000) (512,000) (47,000) (136,000) (183,000) (216,000) (377,000) (496, 000) $ (1,262,000) $ (1,519,000) Additional Information for 2021 . The parent issued bonds during the year for cash. Amortization of databases amounts to $11,000 per year. The parent sold a building with a cost of $72,000 but a $36,000 book value for cash on May 11. The subsidiary purchased equipment on July 23 for $199,000 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 method to compute cash flow from operating activities. (Negative amounts and amounts to be deducted should be indicated 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: EA $ 0 Net cash flow from investing activities 0 Net cash flow from investing activities Cash flows from financing activities: Net cash flow from financing activities Cash, January 1, 2021 Cash, December 31, 2021 0 0 0 $ 0