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Bonita Inc, had the following condensed balance sheet at the end of operations for 2019. BONITA INC. BALANCE SHEET DECEMBER 31, 2019 Cash $8,600 Current

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Bonita Inc, had the following condensed balance sheet at the end of operations for 2019. BONITA INC. BALANCE SHEET DECEMBER 31, 2019 Cash $8,600 Current liabilities Current assets other than cash 29,000 Long-term notes payable Equity Invesments 20,100 Bonds payable Plant assets (net) 67.900 Common stock Land 40,400 Retained earnings $166,000 port $14,800 25,700 25,000 75,000 25,500 $166,000 During 2020, the following occurred, 1. Atract of land was purchased for $9.000 2. Bonds payable in the amount of $15,000 were redeemed at par. 3. An additional $9.900 in common stock was issued at par 4. Dividends totaling $9.500 were paid to stockholders 5. Net income was $29.900 after allowing depreciation of $13.600 6. Land was purchased through the issuance of $22,600 in bonds. 7. Bonita Inc, sold part of its investment portfolio for $12,700. This transaction resulted in a gain of $2,000 for the company. No unrealized Bains or losses were recorded on these investments in 2020 8. Both current assets other than cash and current liabilities remained at the same amount Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a-sign e-s. -15,000 or in parenthesis es (15,000).) BONITA INC. Statement of Cash Flows Adjustments to reconcile net income to Prepare the condensed balance sheet for Bonita Inc. as it would appear at December 31, 2020. (List assets in the order of Liquidity.) BONITA INC. Balance Sheet Assets Equities

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