Condensed financial data of Ayayai Company for 2020 and 2019 are presented below. AYAYAI COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2020 AND 2019 | | | 2020 | | 2019 | Cash | | $1,810 | | | $1,120 | | Receivables | | 1,790 | | | 1,330 | | Inventory | | 1,570 | | | 1,940 | | Plant assets | | 1,870 | | | 1,740 | | Accumulated depreciation | | (1,230 | ) | | (1,150 | ) | Long-term investments (held-to-maturity) | | 1,300 | | | 1,440 | | | | $7,110 | | | $6,420 | | | | | | | | | Accounts payable | | $1,220 | | | $910 | | Accrued liabilities | | 200 | | | 260 | | Bonds payable | | 1,370 | | | 1,550 | | Common stock | | 1,860 | | | 1,740 | | Retained earnings | | 2,460 | | | 1,960 | | | | $7,110 | | | $6,420 | | AYAYAI COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020 | Sales revenue | | $6,810 | Cost of goods sold | | 4,680 | Gross margin | | 2,130 | Selling and administrative expenses | | 920 | Income from operations | | 1,210 | Other revenues and gains | | | Gain on sale of investments | | 80 | Income before tax | | 1,290 | Income tax expense | | 530 | Net income | | 760 | Cash dividends | | 260 | Income retained in business | | $500 | Additional information: During the year, $70 of common stock was issued in exchange for plant assets. No plant assets were sold in 2020. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) | | | |