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Coronado Inc. had the following balance sheet at December 31, 2019. Cash Accounts receivable Investments Plant assets (net) Land CORONADO INC. BALANCE SHEET DECEMBER 31,

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Coronado Inc. had the following balance sheet at December 31, 2019. Cash Accounts receivable Investments Plant assets (net) Land CORONADO INC. BALANCE SHEET DECEMBER 31, 2019 Accounts payable 24,580 Bonds payable 32,000 Common stock 84,380 Retained earnings 43,380 $207.720 $ 33,380 44,380 103,380 26,580 $207,720 During 2020, the following occurred. 1. Coronado liquidated its available-for-sale debt investment portfolio at a loss of $0,300. 2. A tract of land was purchased for $41,380. 3. An additional $30,000 in common stock was issued at par. 4. Dividends totaling $13,380 were declared and paid to stockholders. 5. Net Income for 2020 was $33,360, including $15,380 in depreciation expense. 6. Land was purchased through the issuance of $33,380 in additional bonds. 7. At December 31, 2020, Cash was $73,580, Accounts Receivable was $45,330, and Accounts Payable was $43,380. Prepare a statement of cash flows for the year 2020 for Coronado. (Show amounts that decrease cash flow with either a sign e.g. - 15,000 or in parenthesis e.g. (15,000).)

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