Current Attempt in Progress Grouper Corporation had the following 2020 income statement. The following accounts increased during 2020: Accounts Receivable $14,000, tnventory $10,000 : Accounts Payable $12,000. Prepare the cash flows from operating activities section of Grouper's 2020 statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a5ign eg. 15,000 or in parenthesis e g. (15,000).1 In 2020, Vaughn Inc. issued 700 shares of $10 par value common stock for land worth $45,700. (a) Prepare Vaughn's journal entry to record the transaction. (Credit occount titles are automatically indented when amount is entered Do not indent manually. If no entry is required, select "No entry" for the account titles and enter of or the amounts.) (b) Indicate the effect the transaction has on cash. (c) Indicate how the transaction is reported on the statement of cash flows