Brecker Inc., a greeting card company, had the following statements prepared as of December 31,2020 . BRECKER INC. INCOME STATEMENT FOR THE YEAR ENDING DECEMBER 31, 2020 Sales revenue Cost of goods sold Gross profit $338,150175,000163,150 Operating expenses Operating income 43,150120,000 Interest expense $11,400 Gain on sale of equipment Income before tax 3,4009,000 Income tax expense Net income 6,75027,000 Additional information: 1. Dividends in the amount of $6,000 were declared and paid during 2020 . 2. Depreciation expense and amortization expense are included in operating expenses. 3. No unrealized gains or losses have occurred on the investments during the year. 4. Equipment that had a cost of $20,000 and was 70% depreciated was sold during 2020 . Prepare a statement of cash flows 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).) BRECKER INC. Statement of Cash Flows $ Adjustments to reconcile net income to $ \begin{tabular}{|} \hline \hline \$ \\ \\ \end{tabular}