Leviathan Manufacturing makes and sells integrated circuit boards. At the end of 2020, the income statement and comparative balance sheet were prepared as shown below.

Leviathan Manufacturing Balance Sheet As at December 31
	2020	2019
Assets
Current Assets
Cash	$208,075	$123,300
Accounts Receivable	$230,600	$251,100
Merchandise Inventory	$511,500	$450,600
Prepaid Expenses	$24,200	$24,200
Total Current Assets	$974,375	$849,200
Long-Term Assets
Land		$19,000
Equipment	$335,600	$335,600
Less: Accumulated Depreciation	$-100,100	$-94,100
Total Long-Term Assets	$235,500	$260,500
Total Assets	$1,209,875	$1,109,700
Liabilities
Current Liabilities
Accounts Payable	$313,800	$321,200
Notes Payable, Current Portion	$32,400	$22,800
Total Current Liabilities	$346,200	$344,000
Notes Payable, Long-Term Portion	$212,700	$196,200
Total Liabilities	$558,900	$540,200
Shareholders' Equity
Common Shares	$285,000	$259,000
Retained Earnings	$365,975	$310,500
Total Shareholders' Equity	$650,975	$569,500
Total Liabilities and Equity	$1,209,875	$1,109,700

Additional Information: During 2020, land was sold for a loss of $5,000. There was no purchase of equipment throughout the year. The company did not pay off any amount of the notes payable.

Leviathan Manufacturing Income Statement For the Year Ended December 31, 2020
Sales	$2,154,000
Cost of Goods Sold	$1,292,400
Gross Profit	$861,600
Operating Expenses
Depreciation Expense	$6,000
Other Operating Expenses	$689,100
Total Operating Expenses	$695,100
Income from Operations	$166,500
Other Income and Expenses
Loss on Sale of Land	$-5,000
Income before Income Tax	$161,500
Income Tax	$56,525
Net Income	$104,975

Create the cash flow statement using the indirect method.

Do not enter dollar signs or commas in the input boxes. Use the negative sign for a decrease in cash.

Leviathan Manufacturing Cash Flow Statement For the Year Ended December 31, 2020
Cash Flow from Operating Activities
Net Income
Adjustments to Reconcile Net Income to Cash
Depreciation
Loss on Sale of Land
Change in Operating Assets and Liabilities
Decrease in Accounts Receivable
Increase in Merchandise Inventory
Decrease in Accounts Payable
Net Cash Provided (Used) by Operating Activities
Cash Flow from Investing Activities
Sale of Land
Net Cash Provided (Used) by Investing Activities
Cash Flow from Financing Activities
Proceeds from Notes Payable
Payment of Cash Dividend
Issue of Common Shares
Net Cash Provided (Used) by Financing Activities
Net Increase (Decrease) in Cash
Cash at the Beginning of the Year
Cash at the End of the Year