Dec. 31. 2019 Dec. 31. 2020 Roots $44,000 $152,000 42,000 Canh 40,000 38,000 28,000 36,000 Accounts Socmentio wwertory and supplen 0 104,000 114,000 www.dwords Machines (20.000) $244,000 (28,000) Accumulated depreciation $314,000 Machines Total Posts Liabilities & Stockholders Equity $54,000 $74,000 86,000 64,000 44,000 80,000 60.000 96,000 Note payable Bonds payable (long term) Common Stock Retained Earnings Total Liabilibes & Stockholders $244,000 $314.000 Equity Income Statement & Additional information Net income for the current year ending December 31, 2020 is $58,000 1 Sold investments for cash, cost $36,000 and resulting in $8,000 gain 2 The only changes affecting retained earnings are net income and cash dividends paid 3 All the following transactions are in cash Purchased new machines; repay bonds payable, and issuance common stock A Required Prepare the full statement of cash flows using indirect method for the year ended December 31, 2020 hp