comparative balance sheet for Mata Leao Corporation is presented below: December 31.2005 December 31, 2004 Assets Cash Accounts receivable Inventories Land Equipment Accumulate depreciation 100,000 82,000 180,000 75,000 260,000 (69.000) 628.000 22,000 66,000 189,000 110,000 200,000 (42.000) 545.000 Liabilities and Stockholders' Equity Accounts payable Dividends payable Bonds payable Common stock Retained earnings 14,000 25,000 110,000 274,000 205.000 628.000 47,000 15,000 200,000 164,000 119.000 545.000 Net income for 2005 was $140,000. Cash dividends of $44,000 were paid. Land was sold at a gain of $25,000. Convertible bonds of $90,000 were redeemed for common stock. a. Prepare a statement of cash flows for the year ended December 31, 2005. Also, prepare any related disclosures that are required. b. Prepare a statement of retained earnings for the year ended December 31, 2005