Current Attempt in Progress Your answer is partially correct. Here are comparative statements of financial position for Splish Brothers SE. 1. Net income for 2020 was 102,000. 2. Depreciation expense was 32,700. 3. Cash dividends of 42,600 were declared and paid. 4. Bonds payable amounting to 52,800 were redeemed for cash 52,800. 5. Common stock was issued for 42,200 cash. 6. No equipment was sold during 2020. 7. Land was sold for its book value of 28,800. Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a sign e Cash Flows from Investing Activities Sale of Land Purchase of Equipment Net Cash Used by Investing Activities Cash Flows from Financing Activities Issuance of Ordinary Shares Payment of Cash Dividends Redemption of Bonds Net Cash Used by Financing Activities Net Increase in Cash Cash at Beginning of Period Cash at End of Period