Exercise 13-8 (Part Level Submission) Rojas Corporation's comparative balance sheets are presented below. ROJAS CORPORATION Comparative Balance Sheets December 31 2020 2019 Cash Accounts receivable Land Buildings Accumulated depreciation-buildings Total $ 14,600 20,700 20,100 69,500 (15,000) $ 109,900 $10,200 23,100 25,700 69,500 (10,900) $ 117,600 Accounts payable Common stock Retained earnings Total $12,800 74,200 22,900 $ 109,900 $27,600 71,100 18,900 $117,600 Additional information: 1. Net income was $22,600. Dividends declared and paid were $18,600. 2. No noncash investing and financing activities occurred during 2020. 3. The land was sold for cash of $4,700. (a) Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g.-15,000, or in parenthesis e.g. (15,000).) ROJAS CORPORATION Statement of Cash Flows $ Adjustments to reconcile net income to $ 19