Condensed financial data of Crane Company for 2020 and 2019 are presented below. CRANE COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2020 AND 2019 2020 201 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 Bonds payable 1.370 1.550 Common stock 1,860 1,740 Retained earnings 2,460 1,960 $7,110 $6,420 CRANE 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 Income tax expense arch C F: A. 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 parenthesis eg. (15,000).) CRANE COMPANY Statement of Cash Flows For the Year Ended December 31, 2020 (Indirect Method) S $ Adjustments to reconcile net income to Adjustments to reconcile net income to $ V V > v > V V