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Here are comparative balance sheets for Tamarisk Company. Prepare a statement of cash flows-indirect method. Additional information: 1. Net income for 2020 was $95,000. 2.

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Here are comparative balance sheets for Tamarisk Company. Prepare a statement of cash flows-indirect method. Additional information: 1. Net income for 2020 was $95,000. 2. Cash dividends of $26,000 were declared and paid. 3. Bonds payable amounting to $66,000 were redeemed for cash $66,000. 4. Common stock was issued for $39,000 cash. 5. Equipment that cost $51,000 and had a book value of $29,000 was sold for $36,000 during 2020 ; land was sold at cost. gt

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