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Kidman Corp. reported the following financial statements for the year ended December 31, 2020. 2019 2020 tement LO2 5-2 Difference Balance Sheet, December 31 Cash

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Kidman Corp. reported the following financial statements for the year ended December 31, 2020. 2019 2020 tement LO2 5-2 Difference Balance Sheet, December 31 Cash and cash equivalents Accounts receivable. Merchandise inventory Land. Equipment Accumulated depreciation Total assets.. $ 24,000 19.000 31.000 20,000 48,000 (12.000) $130,000 $ 62,000 15,000 59,000 4.000 72.000 (24,000) $188,000 $38,000 (4,000) 28.000 (16,000) 24,000 (12,000 $58,000 $ 16,000 7,000 Accounts payable. Notes payable, long-term Bonds payable Common stock (no-par) Retained earnings Total liabilities and stockholders' equity $ 18,000 2.000 30,000 92,000 46,000 $188,000 $ 2,000 (5,000) 30,000 12,000 19,0 $58,000 80,000 27,000 $130,000 Income Statement For Year Ended December 31, 2020 Revenues.... $152,000 Costs of goods sold 82,000 Depreciation. 12,000 Other expenses 14,000 Loss on sale of land 10,000 Net income $ 34,000 Required Prepare the statement of cash flows for Kidman Corp. for the year ended December 31, 2020, using the indirect method

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