Condensed financial data of Flint Company for 2020 and 2019 are presented below. FLINT COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2020 AND 2019 Cash Receivables Inventory Plant assets 2020 2019 $1,820 $1,140 1,780 1,290 1,590 1,860 1,870 1.710 Accumulated depreciation (1.220) (1,150) Long-term investments (held-to-maturity) 1,270 1,420 $7,110 $6,270 Accounts payable $1,170 $880 Accrued liabilities 210 240 Bonds payable 1,390 1,580 Common stock 1,930 1,680 Retained earnings 2,410 1,890 $7,110 $6,270 FLINT COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020 Sales revenue $6,930 Cost of goods sold 4,750 Gross margin 2,180 Selling and administrative expenses 940 Income from operations 1,240 Other revenues and gains Gain on sale of investments 80 Income before tax 1,320 Income tax expense 540 Net income 780 Cash dividends 260 Income retained in business $520 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 eg.-15,00 parenthesis e.g. (15,000).) FLINT COMPANY Statement of Cash Flows (Indirect Method) Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. -15,00 parenthesis e.g. (15,000).) FLINT COMPANY Statement of Cash Flows Adjustments to reconcile net income to (Indirect Method) >