Cash $31,170 $13,100 Accounts receivable 20,600 28,200 Land 20,400 30,800 Building 72,400 72,400 Accumulated depreciation (19,800) (12,400) Total $124,770 $132,100 Accounts payable $14,770 $35,900 Common stock 79,800 71,400 Retained earnings 30,200 24,800 Total $124,770 $132,100 Additional information: 1. Net income was $32,700. Dividends declared and paid were $27,300. 2. All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation. The land was sold for $8,300. Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a-sign eg -15,000 or in parenthesis e.g. (15,000).) Adjustments to reconcile net income to < SHEFFIELD CORPORATION Statement of Cash Flows