Financial statements for Concord Corporation are given below: Concord Corporation Balance Sheet January 1, 2021 Assets Equities Cash $ 968000 Accounts payable $ 458000 Accounts receivable 861000 Buildings and equipment 3510000 Accumulated depreciation- buildings and equipment Patents (1290000) Common stock 2730000 428000 Retained earnings 1289000 $4477000 $4477000 Concord Corporation Statement of Cash Flows For the Year Ended December 31, 2021 Increase (Decrease) in Cash Cash flows from operating activities