Condensed financial data of Waterway Company for 2020 and 2019 are presented below.

WATERWAY COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2020 AND 2019
		2020			2019
Cash		$1,760			$1,130
Receivables		1,740			1,270
Inventory		1,640			1,880
Plant assets		1,890			1,700
Accumulated depreciation		(1,280	)		(1,150	)
Long-term investments (held-to-maturity)		1,280			1,400
		$7,030			$6,230
Accounts payable		$1,200			$920
Accrued liabilities		190			260
Bonds payable		1,380			1,520
Common stock		1,870			1,660
Retained earnings		2,390			1,870
		$7,030			$6,230

WATERWAY COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020
Sales revenue		$6,970
Cost of goods sold		4,780
Gross margin		2,190
Selling and administrative expenses		930
Income from operations		1,260
Other revenues and gains
Gain on sale of investments		70
Income before tax		1,330
Income tax expense		550
Net income		780
Cash dividends		260
Income retained in business		$520

Additional information: During the year, $80 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 e.g. -15,000 or in parenthesis e.g. (15,000).)

WATERWAY COMPANY Statement of Cash Flows choose the accounting period

December 31, 2020For the Year Ended December 31, 2020For the Quarter Ended December 31, 2020

(Indirect Method)

select an opening name for section one

Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in CashNoncash Investing and Financing Activities