1. Jake Corporations income statement for the year ended March 31, 2020 is given below.

Sales	$122,000
Cost of goods sold	74, 050
Gross margin	47,950
Less: Operating expenses	22,500
Operating income	25,450
Interest expense	1,400
Income before taxes	24,050
Taxes	6,150
Net income	17,900

The balance sheet for the year ending March 31, 2019 and 2020 are as follows:

	2020	2019
ASSETS
Cash	69,900	12,500
Accounts receivable	21,000	26,000
Inventory	43,400	48,400
Prepayments	3,200	2,600
Furniture	55,000	60,000
Less: Accumulated depreciation on Furniture	9,000	5,000
	183,500	144,500
Accounts payable	13,000	14,000
Taxes payable	1,200	1,800
Notes payable	37,000	35,000
Common Stock	115,000	90,000
Retained earnings	17,300	3,700
	183,500	144,500

The following information is also given:

1. The company issued $22,000 of notes payable to acquire furniture.
2. Depreciation expenses recorded on furniture for the year amounted to $19,300
3. Repaid notes during the year $20,000
4. Furniture costing $27,000 with accumulated depreciation of $15,300 was sold at book value.
5. Dividends declared and paid during the year amounted to $ 4,300

REQUIRED: Prepare a Cash Flow Statement for 2020 in proper form for Jake Corporation. [18 ]

ANSWER IN TABLE FORMAT PLEASE SO I CAN COPY IN WORD.