Bridgeport Inc. applies ASPE and had the following statement of financial position at the end of operations for 2019:

BRIDGEPORT INC. Statement of Financial Position December 31, 2019
Cash		$50,500		Accounts payable		$ 93,000
Accounts receivable		90,000		Long-term debt		85,000
Inventory		82,000		Common shares		100,000
Machinery (net)		125,000		Retained earnings		89,500
Trademarks		20,000
		$367,500				$367,500

During 2020, the following occurred:

1.		Jia Inc. sold some of its trademarks. The trademarks had an unlimited useful life and a cost of $10,000. They were sold for proceeds of $21,500.
2.		Machinery was purchased in exchange for long-term debt of $40,000.
3.		Long-term debt in the amount of $14,600 was retired before maturity by paying $14,600 cash.
4.		An additional $11,500 in common shares was issued.
5.		Dividends totalling $13,100 were declared and paid to shareholders. Dividends paid are treated as financing activities.
6.		Net income for 2020 was $44,000 after allowing for depreciation of $19,000.
7.		Machinery with a carrying value of $18,000 was sold at a gain of $7,000.
8.		At December 31, 2020, Cash was $69,300; Accounts Receivable was $111,000; Accounts Payable was $83,000 and Inventory increased to $107,000.

a) Prepare a statement of cash flows for the year ended December 31, 2020, 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).)

b) Prepare the statement of financial position as it would appear at December 31, 2020. (List Assets in order of liquidity.)

c) Calculate the following ratios: (Round current cash debt coverage ratio and cash debt coverage ratio answers to 2 decimal places, e.g. 52.75. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)