Callaho Inc. began operations on January $1,2018.$ Its adjusted trial balance at December $31,2019$ and $2020$ is shown below. Other information regarding Callaho Inc. and its activities during $2020$ follow in $($a$)$ through $($e$)$ :

a$.$ Assume all accounts have normal balances.

b$.$ Equipment was sold for cash of $$20,000.$

c$.$ Old machinery was sold for cash of $$14,000.$ New machinery was purchased for $$45,000$ cash.

d$.$ Common stock was issued for cash.

e$.$ Cash dividends of $$61,000$ were declared and paid.

Using the information provided, prepare a statement of cash flows $($using the indirect method$)$ for the year ended December $31,2020.$

$\backslash$table$[[\backslash$table$[[$Callaho Inc.$],[$Adjusted Trial Balanoe$]]],[$Account$,$December $31],[2020,2019],[$Accounts payable,$52,280,63,000],[$Accounts receivable,$73,500,93,500],[$Accumulated depreciation, equipment,$1,100,81,000],[$Accumulated depreciation, machinery.,$9,500,105,500],[$Allowance for doubtful accounts,$8,500,13,500],[$Depreciation expense, equipment,$8,100,8,100],[$Depreciation expense, machinery,$10,600,10,600],[$Cash$,251,460,235,000],[$Equipment$,8,000,118,000],[$Machinery$,69,400,144,000],[$Merchandise inventory,$155,330,146,500],[$Long$-$term notes payable,$52,530,64,000],[$Other expenses $($including losses$),670,000,15,000],[$Retained earning,$85,000,96,000],[$Revenues $($including gains$),737,700,22,700],[$Common stock,$326,000,286,000],[$Unearned revenue,$34,780,39,000]]$