Financial statement data for Metro Moving Company for 2020 follow. METRO MOVING COMPANY Comparative Statement of Financial Position Dec 31, 2020 Dec 31, 2019 Assets Cash $68,600 $49.100 96,800 61,200 28,200 18,200 193,600 128.500 400,000 345,000 (110,400) (105,900) 289,600 239.100 $483,200 $367,600 Accounts receivable Prepaid insurance Total current assets Property, equipment, and vehicles Accumulated depreciation Total non-current assets Total assets Liabilities and shareholders' equity Accounts payable Wages payable Total current liabilities Bank loan Total liabilities Common shares Retained earnings Total shareholders' equity $21,500 $18,600 3,000 4,000 24,500 22.600 50,000 60.000 74,500 82,600 200,000 200,000 208,700 85.000 408,700 285,000 Total liabilities and shareholders' equity $483,200 $367,600 METRO MOVING COMPANY Statement of Income For the year ended December 31, 2020 Moving revenue $451,500 Gain on sale of vehicles 4,000 455,500 $103.900 133,300 Expenses Vehicle operating expenses Wages expense Depreciation expense Interest expense Total expenses Net income 59.500 5,400 302,100 $153,400 Additional information: 1. 2. Vehicles that cost $65.000 and had a net carrying amount of $10,000 were sold for $14.000. A cash payment was made to reduce the bankloan Dividends were declared and paid during the year. 3. Prepare a statement of cash flows for Metro Moving Company for the year anded December 31, 2020, using the indirect method. (Show amounts that decrease cash flow with either a-signes -15,000 or in parenthesis eg (15.000 Metro Moving Company Statement of Cash Flows For the Year Ended December 31, 2020 S S Supplementary disclosures Cash paid for interest S