Given is the Income Statement for the year ended December 31, 2019, Statement of Retained Earnings for the year ended December 31, 2019 and Comparative Balance Sheets for 2018 and 2019 of Hot Cross Bun Corporation: Hot Cross Bun Corporation Income Statement Year Ended December 31, 2019 Sales Cost of goods sold $5,900,000 4,075,000 Gross profits Selling and administrative expense Amortization expense 1,825,000 750,000 270,000 Operating income Interest expense 805,000 54,000 Earnings before taxes Taxes 751,000 370,000 Earnings after taxes 381,000 Preferred stock dividends 30,000 Earnings available to common shareholders $351,000 Shares outstanding Earnings per share 146, 250 $2.40 Statement of Retained Earnings For the Year Ended December 31, 2019 Retained earnings, balance, January 1, 2019 Add: Earnings available to common shareholders, 2019 Deduct: Cash dividends declared and paid in 2019 $920,000 351,000 150,000 Retained earnings, balance, December 31, 2019 $1, 121,000 For 2019 and 2018 December 31, 2019 December 31, 2018 Assets Current assets: Cash Accounts receivable (net) Inventory Prepaid expenses $120,000 560,000 530,000 28,000 $100,000 548,000 509,000 56,000 1,238,000 120,000 1,216,000 125,000 Total current assets Investments (long-term securities) Plant and equipment Less: Accumulated depreciation 2,600,000 1,041,000 2,000,000 771,000 Net plant and equipment 1,559,000 1,229,000 Total assets $2,917,000 $2,570,000 Liabilities and Shareholders' Equity Current liabilities: Accounts payable Notes payable Accrued expenses $421,000 500,000 55,000 $343,000 500,000 77,000 976,000 920,000 Total current liabilities Long-term liabilities: Bonds payable, 20XY 190,000 100,000 1,166,000 1,020,000 Total liabilities Shareholders' equity: Preferred stock Common stock Retained earnings 130,000 500,000 1,121,000 130,000 500,000 920,000 Total shareholders' equity 1,751,000 1,550,000 Total liabilities and shareholders' equity $2,917,000 $2,570,000 Prepare a statement of cash flows for the Hot Cross Bun Corporation. (Amounts to be deducte sign. Omit $ sign in your response.) Hot Cross Bun CORPORATION Statement of Cash Flows For the Year Ended December 31, 2019 Operating Activities: (Click to select) Add items not requiring an outlay of cash: (Click to select) $ Cash flow from operations (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) Net Change in non-cash working capital Cash (Click to select) operating activities Investing activities: (Click to select) (Click to select) V V Cash (Click to select) Investing activities Financing activities: (Click to select) (Click to select) (Click to select) Cash (Click to select) financing activities (Click to select) Cash, beginning of year DODI Cash, end of year