Condensed financial data of Sheffield Company for 2020 and 2019 are presented below. SHEFFIELD COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2020 AND 2019 2020 2019 Cash $1,830 $1,140 Receivables 1,720 1,280 1,610 1,900 1.870 1,690 Inventory Plant assets Accumulated depreciation Long-term investments (held-to-maturity) (1.210) (1.190) 1.270 1,410 $7.090 $6,230 $1230 $910 200 250 Accounts payable Accrued liabilities Bonds payable Common stock Retained earnings 1.410 1,540 1,880 1.710 2.370 1,820 $7,090 $6,230 SHEFFIELD COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020 Sales revenue $6,880 Cost of goods sold 4.680 Gross margin 2.200 Selling and administrative expenses 930 Income from operations 1.270 Other revenues and gains Gain on sale of investments Income before tax 1,350 Income tax expense 540 Net income 810 Cash dividends 260 Income retained in business $550 80 Additional information: During the year. 570 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-signeg. -15,000 or in parenthesis eg. (15,000.J SHEFFIELD COMPANY Statement of Cash Flows For the Year Ended December 31, 2020 (Indirect Method) Cash Flow From Operating Activia Net Income Adjustments to reconcile net income to Cash Flow From Operating Activia V Depreciation Eco Canon Sale oferits increase in Account Real Decrease in very Increase in At Payable Decree in cered Labels Net Cash Provided by Operating Activiti Cash Flows from investing Activities Sale of investments Purchase of Plant Aasta Net Cash Provided by sing Active Cash Flow From Finanda Aceites U of Cape Stock Redemelon of Banda Payable Payment of Cash Mdende Net Cash Used by Fier Acties Net Increase in Cash Cash Beling of Period Cache End of Perles Noncash investing and Financing Activities Issuance of Common Stock for Punt Assets