Condensed financial data of Pronghorn Company for 2020 and 2019 are presented below. PRONGHORN COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2020 AND 2019 2020 Cash $1,770 Receivables 1,740 Inventory 1,620 Plant assets 1,930 Accumulated depreciation (1,250) Long-term investments (held-to-maturity) 1,290 $7,100 2019 $1,160 1,280 1,880 1,670 (1.190) 1,420 $6,220 Accounts payable Accrued liabilities Bonds payable Common stock Retained earnings $1,220 190 1,370 1,930 2,390 $7,100 $920 240 1,570 1,730 1,760 $6,220 PRONGHORN COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020 Sales revenue $6,860 Cost of goods sold 4,600 Gross margin 2.260 Selling and administrative expenses 930 Income from operations 1,330 Other revenues and gains Gain on sale of investments 80 Income before tax 1,410 Income tax expense 520 Net income 890 Cash dividends 260 Income retained in business $630 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.-15,000 or in parenthesis eg. (15,000).) PRONGHORN COMPANY Statement of Cash Flows (Indirect Method) Adjustments to reconcile net income to $ > V A > . A ( A A