Ever Green Inc. had the following condensed statement of financial position at the end of operations for the year 2019. Ever Green Inc. Statement of Financial Position December 31,2019 Investments $ 40,000 Share capital -ordinary Land 80,000 Retained earnings Plant assets (net) 135,000 Long-term notes payable Current assets other than cash 58,000 Bonds payable Cash 17,000 Current liabilities $ 330,000 $150,000 49,000 51,000 50,000 30,000 $ 330,000 During 2020 the following occurred. 1. A tract of land was purchased for $22,000. 2. Bonds payable in the amount of $40,000 were retired at par. 3. An additional$20,000 ordinary shares were issued at par. 4. Dividends totaling $18,750 were paid to shareholders. 5. Net income was $60,500 after deducting depreciation of $27,000. 6. Land was purchased through issuance of bonds $45,000. 7. Ever Green Inc. sold part of its investment portfolio for $25,750. This transaction resulted in a gain of $4,000. The company classified them as non-trading equity investments. 8. Both current assets (other than cash) and current liabilities remain unchanged. Required: Prepare a statement of cash flows for 2020 using the indirect method