Current Attempt in Progress The comparative balance sheets of Martinez Inc. at the beginning and the end of the year 2020 are as follows. View Policies Assets MARTINEZ INC. BALANCE SHEETS Dec. 31, 2020 Jan. 1, 2020 Inc./Dec. Cash $47,140 $ 15,140 $32,000 Inc. Accounts receivable 95,670 90,530 5,140 Inc. Equipment 43,670 24,530 19,140 Inc. Less: Accumulated Depreciation-Equipment 21,670 11,000 10,670 Inc. Total $164,810 $119,200 Liabilities and Stockholders' Equity Accounts payable $24,670 $ 17,530 7,140 Inc. Common stock 102,140 82,530 19,610 Inc. Retained earnings 38,000 19,140 18,860 Inc. Total $164,810 $119,200 Net income of $48,670 was reported, and dividends of $29,810 were paid in 2020. New equipment was purchased and none was sold. Prepare a statement of cash flows for the year 2020. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) MARTINEZ INC. Statement of Cash Flows December 31, 2020 > $