Current Attempt in Progress Concord Corporation's balance sheet at the end of 2019 included the following items. The following information is available for 2020 . 1. Net income was $50,870. 2. Equipment (cost $21,250 and accumulated depreciation $9,250 ) was sold for $11,250. 3. Depreciation expense was $5,250 on the building and $10,250 on equipment. 4. Patent amortization was $2,500. 5. Current assets other than cash increased by $29,000. Current liabilities increased by $14,250. 6. An addition to the building was completed at a cost of $28,250. 7. A long-term investment in stock was purchased for $16,000. 8. Bonds payable of $52,200 were issued. 9. Cash dividends of $30,000 were declared and paid. 10. Treasury stock was purchased at a cost of $11,000. (a) Prepare a statement of cash flows for 2020. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000). (b) The parts of this question must be completed in order. This part will be available when you complete the part above