Marat Company Balance Sheet As of December 31 Assets: 2020 Cash $ 80,000 2019 $51,000 Accounts receivable 135,000 122,000 Inventory 75,000 61,000 Long-term Investments 55,000 85,000 Equipment 215,000 193,000 Accumulated depreciation equipment (58,000) (42,000) Land 40,000 Total Assets $542.000 25,000 $495.000 Liabilities & Owners' Equity: Accounts payable $ 70,000 $ 60,000 Income taxes payable 12,000 10,000 Notes payable (5 year) 62,000 Common stock 70,000 260,000 95,000 $495.000 Retained earnings Total Liabilities & Owners' Equity Additional data for 2020: 310,000 88,000 $542.000 a. Equipment that cost $10,000 was sold for a loss of $3,000. b. Investments that cost $35,000 were sold for a gain of $15,000. c. Net income $67,000. d. Depreciation expense $20,000. Required: Prepare a Statement of Cash Flows for the year ended December 31, 2020, using the indirect method. Show all supporting calculations