Comparative Balance Sheet: Balance Sheet for Spring Chicken Company 12/31/2020 2020 2019 Cash 107,700 30,600 Accounts receivable (net) 114,900 60,900 Inventory 105,000 126,000 Long-term investments 0 45,000 Plant Assets 709,500 450.000 Accumulated depreciation (113,100) (75,000) Patent 21,000 27,000 945,000 664,500 Change 77,100 54,000 (21,000) (45,000) 259,500 (38,100) (6,000) Accounts payable Wages Payable Long-term notes payable Common stock Retained earnings 51,000 63,000 210,000 390,000 231,000 945,000 79,500 51,000 150,000 270,000 114,000 664,500 (28,500) 12,000 60,000 120,000 117,000 Additional data: 1) Net income for the year 2020: 243,000 2) Depreciation expense on plant assets for the year: 62,100 3) Recognized a gain on sale of long-term investments: 39,000 4) Purchased machinery costing for cash of: 336,000 5) Recognized a loss on sale of PP&E of: 9,000 6) No new patents were granted. Required. Prepare a Statement of Cash Flows in good form using the Indirect Method HINTS: Do T-accounts for Retained Earnings, PP&E, and A/D. Prepare the journal entries related to the gain and the loss