Marigold House Inc. had the following condensed statement of financial position at December 31, 2019:

MARIGOLD HOUSE INC. Statement of Financial Position December 31, 2019
Cash		$10,950		Current liabilities		$15,050
Current assets (non-cash)		34,900		Longterm notes payable		30,950
Bond investment at amortized cost		40,850		Bonds payable		32,900
Plant assets (net)		58,050		Common shares		80,850
Land		39,400		Retained earnings		24,400
		$184,150				$184,150

Marigold House Inc. follows IFRS and chooses to classify dividends paid as financing activities and interest paid as operating activities on the statement of cash flows. During 2020, the following occurred:

1.		Marigold House Inc. sold part of its investment portfolio in bonds for $16,600, resulting in a gain of $470.
2.		Dividends totalling $19,000 were paid to shareholders. Dividends paid are treated as financing activities.
3.		A parcel of land, to be used as a parking lot, was purchased for $4,500.
4.		Common shares were issued for cash totalling $17,700.
5.		Bonds payable of $9,800 were retired at par.
6.		Equipment was purchased through the issuance of $23,000 of bonds.
7.		Net income for 2020 was $49,000 after allowing for depreciation on Marigold House Inc.s plant assets of $14,600. The amount of interest paid during 2020 was $4,310 and the amount of income taxes paid was $20,600.
8.		Both current assets (other than cash) and current liabilities remained at the same amount.

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Prepare a statement of cash flows for 2020 using the indirect method.

2. statement of financial position