Jobim Inc., had the following condensed balance sheet at the end of operations for 2019. JOBIM INC. BALANCE SHEET DECEMBER 31, 2019 Cash $8,500 Current liabilities Current assets other than cash 29,000 Long-term notes payable Equity invesments 20,000 Bonds payable Plant assets (net) 67,500 Common stock Land 40,000 Retained earnings $165,000 $15,000 25,500 25,000 75,000 24,500 $ 165,000 During 2020, the following occurred. 1. Atract of land was purchased for $9,000. 2. Bonds payable in the amount of $15,000 were redeemed at par. 3. An additional $10,000 in common stock was issued at par. 4. Dividends totaling $9,375 were paid to stockholders. 5. Net income was $35,250 after allowing depreciation of $13,500. 6. Land was purchased through the issuance of $ 22,500 in bonds. 7. Jobim Inc. sold part of its investment portfolio for $12,875. This transaction resulted in a gain of $2,000 for the company. No unrealized gains or losses were recorded on these investments in 2020. 8. Both current assets (other than cash) and current liabilities remained at the same amount. Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g.-15,000 or in parenthesis e.g. (15,000).) JOBIM INC. Statement of Cash Flows Adjustments to reconcile net income to $