Condensed financial data of Tamarisk Company for 2020 and 2019 are presented below. TAMARISK COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2020 AND 2019 2020 2019 Cash $1,780 $1,130 Receivables 1,740 1,290 Inventory 1,610 1,870 Plant assets 1,930 1,710 Accumulated depreciation (1,210) (1,150) Long-term investments (held-to-maturity) 1,290 1,440 $7,140 $6,290 Accounts payable $1,180 $900 Accrued liabilities 190 240 Bonds payable 1,410 1,590 Common stock 1,920 1,690 Retained earnings 2,440 $7,140 1,870 $6,290 TAMARISK COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020 Sales revenue $6,880 Cost of goods sold 4.650 Gross margin 2,230 Selling and administrative expenses 940 Income from operations 1,290 Other revenues and gains Gain on sale of investments 80 Income before tax 1,370 Income tax expense 540 Net income 830 Cash dividends 260 Income retained in business $570 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 direct method. (Show amounts in the investing and financing sections that decrease cash flow with either a -sign e.g. - 15,000 or in parenthesis e.g. (15,000).) TAMARISK COMPANY Statement of Cash Flows (Direct Method) A