..com/courses/42751/assignments/4695503 Current Attempt in Progress Rojas Corporation's comparative balance sheets are presented below. ROJAS CORPORATION Comparative Balance Sheets December 31 2020 Cash $14.700 Accounts receivable 21,100 Land 20,000 Buildings 70,000 Accumulated depreciation-buildings (15,400) Total $110,400 2019 $11,000 23,800 25,600 70,000 (10,700) $119,700 Accounts payable Common stock Retained earnings Total $12,300 74,600 23,500 $110,400 $28,100 73,800 17,800 $119,700 Additional information: 1. Net income was $23,000. Dividends declared and paid were $17,300. 2. No noncash investing and financing activities occurred during 2020. 3. The land was sold for cash of $4.700. Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either as or in parenthesis eg. (15,000.) s -15,000. ROJAS CORPORATION Statement of Cash Flows For the Year Ended December 31, 2020 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Loss on Disposal of Plant Assets Decrease in Accounts Receivable Decrease in Accounts Payable " Net Cash Provided by Operating Activities Cash Flows from Investing Activities Sale of Land Net Cash Provided by Investing Activities Net POV by per Depreciation Expense Loss on Disposal of Plant Awets Decrease in Accounts Receivable Decrease in Accounts Payable Net Cash Provided by Operating Activities Cash Flows from investing Activities Sale of Land NetCash Provided by investing Activities Cash Flows from Financing Activities ce of Common Stock - Payment of Dividends Net Cash Used by Financing Activities Net Increase in Cash Cash Beinning of Period Chat End of Period Om