Flounder Company has not yet prepared a statement of cash flows for the 2020 fiscal year. Comparative balance sheets as of December 31, 2019 and 2020, and a statement of income and retained earnings for the year ended December 31, 2020, are presented as follows. FLOUNDER COMPANY STATEMENT OF INCOME AND RETAINED EARNINGS FOR THE YEAR ENDED DECEMBER 31, 2020 ($000 OMITTED) Sales revenue $3,810 Expenses Cost of goods sold $1,210 Salaries and benefits 720 Heat, light, and power 70 Depreciation 80 Property taxes 20 Patent amortization 20 Miscellaneous expenses 10 Interest 30 2,160 Income before income taxes 1,650 Income taxes 825 Net income 825 Retained earnings- Jan. 1, 2020 310 1,135 Stock dividend declared and issued 595 Retained earnings-Dec. 31, 2020 $540 FLOUNDER COMPANY COMPARATIVE BALANCE SHEETS AS OF DECEMBER 31 ($000 OMITTED) Assets 2020 2019 Current assets Cash $289 $10 U.S. Treasury notes (available-for-sale) 10 50 Accounts receivable 780 520 Inventory 720 560 Total current assets 1,799 1,140 Long-term assets Land 140 80 Buildings and equipment 920 610 Accumulated depreciation-buildings and equipment (220) (140) Patents (less amortization) 110 130 Total long-term assets 950 680 Total assets $2,749 $1,820 Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity Current liabilities Accounts payable $395 $300 Income taxes payable 39 30 Notes payable 290 290 Total current liabilities 724 620 Long-term notes payable-due 2022 190 190 Total liabilities 914 810 Stockholders' equity Common stock 1,295 700 Retained earnings 540 310 Total stockholders' equity 1.835 1,010 Total liabilities and stockholders' equity $2,749 $1,820 Prepare a statement of cash flows using the direct method. Changes in accounts receivable and accounts payable relate to sa cost of goods sold. (Show amounts in the investing and financing sections that decrease cash flow with either a - signe - 15,000 or in parenthesis e.g. (15,000).) FLOUNDER COMPANY Statement of Cash Flows ($000 Omitted) A $ $ $