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Condensed financial data of Waterway Company for 2020 and 2019 are presented below. WATERWAY COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020 Additional

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Condensed financial data of Waterway Company for 2020 and 2019 are presented below. WATERWAY COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020 Additional information: During the year, $120 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)

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