Mallory Michaels, senior accountant for Sandhill Fashions, has gathered the following balances from the company's general ledger: December 31, 2020 December 31, 2019 Accounts Receivable $57,000 $65,000 Inventories 115,000 112,500 Prepaid Expenses 4,500 3,900 Accounts Payable 50,378 51,000 Accrued Liabilities 10,000 14,000 Income Taxes Payable 2,700 2,500 Net Income 710,000 Depreciation Expense 63,000 Gain on the sale of land 16,500 Using the indirect method, prepare the cash flows provided by operating activities section of the statement of cash flows for 2020.