Completion Status: The following comparative balance sheets 2019 & 2020 and additional information for "National Company" are given Assets Cash Accounts Receivable Dec. 31. 2020 $156.000 Dec. 31. 2019 $26,000 52.000 48.000 Inventory and supplies 30,000 58,000 Investments 0 36,000 Machines 114.000 104,000 Accumulated depreciation-Machines (28.000) (20.000) Total Assets $324.000 $252.000 Liabilities & Stockholders' Equity Note payable $74,000 $54,000 Bonds payable (long-term) 74,000 $1,000 Common Stock 80.000 44,000 Retamed Earnings 06.000 00.000 Total Liablities & Stockholders $324.000 $252.000 Equity Income Statement & Additional information 1/Net income for the current year ending December 21.2020 2. Solid wments for cash, cost $36.000 and resulting 558,000. 6.000 gan 3. The only changes affecting retained earnings are net income and cash diem pai 4. All the swing Hisation am in cain Puchuned new machines, pay bonds payable and is commack Required: Prepare the full statement of cash flows using indirect method for the year ended December 21 2020 UDLAGGOROVIDE FACHAMOUNT LITEM IN A SEPARATE LINEL Question Completion Status: The following comparative balance sheets 2019 & 2020 and additional information for "National Company are given: Assets Dec. 31. 2020 Dec. 31. 2019 Cash $156,000 $26,000 Accounts Receivable 52,000 48,000 Inventory and supplies 30,000 58.000 Investments 0 36,000) Machines 114,000 104,000 Accumulated depreciation-Machines (28,000) (20.000)) Total Assets $324.000 $252.000 Liabilities & Stockholders' Equity Note payable $ 74,000 $54,000 Bonds payable (long-term) 74.000 94.000 Common Stock 80,000 44,000 Retained Earnings Total Liabities & Stockholders 5000 $324.000 60,000 $252.000 Equity Income Statement & Additional information: 1. Net income for the current year ending December 31, 2020 is 50,000 2. Sold investments for cash, cost $30.000 and resuming in 50,000 gan The only changes affecting retained earnings are net income and dash did All the following transactions are in cash: Purchased new anties nepay bonds payate and unune common stock Required Prepare the full statement of cash hows using indirect method for the year end December 31 2020