Here are comparative balance sheets for Sheridan Company. Prepare a statement of cash flows$-$indirect method.

Additional information:

Net income for $2020$ was $$97,000.$

Cash dividends of $$6,000$ were declared and paid.

Bonds payable amounting to $$63,000$ were redeemed for cash $$63,000.$

Common stock was issued for $$36,000$ cash.

Equipment that cost $$50,000$ and had a book value of $$27,000$ was sold for $$35,000$ during $2020$ ; land was sold at cost$.$