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		$1,760			$1,180
Receivables		1,750			1,290
Inventory		1,620			1,890
Plant assets		1,930			1,690
Accumulated depreciation		(1,280	)		(1,160	)
Long-term investments (held-to-maturity)		1,290			1,440
		$7,070			$6,330
Accounts payable		$1,180			$920
Accrued liabilities		200			260
Bonds payable		1,370			1,550
Common stock		1,930			1,670
Retained earnings		2,390			1,930
		$7,070			$6,330

TAMARISK COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020
Sales revenue		$6,800
Cost of goods sold		4,700
Gross margin		2,100
Selling and administrative expenses		910
Income from operations		1,190
Other revenues and gains
Gain on sale of investments		80
Income before tax		1,270
Income tax expense		550
Net income		720
Cash dividends		260
Income retained in business		$460

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.