MULI TJ, Lellis will be automatically deleted forever after they've been in your trash Question 2) Cash Flow Statement 12 Marks See below for the statement of financial position of Humphry Ltd. HUMPHRY LTD. Statement of Financial Position 31-Dec 2020 2019 Assets Cash $0 $27,000 Accounts receivable 53,900 35,000 Inventory 75,000 52,000 I Land 67,400 50,000 Equipment 100,000 114.000 Accumulated depreciation - Equip. -29,500 -31.500 Total assets $266,800 $246,500 Liabilities and Shareholders' Equity Bank Overdraft Accounts payable Uncarned Revenue 56.800 25.000 24.000 $2.000 67.100 14.000 DELL Mng812UN-HYRTILPGw/edit#heading=h.ee2de8c412x0 Request edit access We's trash is changing. Starting October 13, items will be automatically deleted forever after they've been in your trash for 30 Liabilities and Shareholders' Equity Bank Overdraft $6,800 $2,000 Accounts payable 25,000 67,100 Unearned Revenue 24,000 14,000 Bonds Payable 50,000 Common shares 40,000 60.000 Retained earnings 121,000 103,400 Total liabilities and shareholders' equity $266,800 $246,500 Additional information: 1. No common shares were issued during the year, but some were reacquired at the cost at which they were originally issued. 2. Equipment was sold for $10,000 in 2020. The original cost of the equipment was 25,000 and accumulated depreciation was 7,000. 3. Dividends were declared and paid in 2020. 4. In 2020, Net Income was $39.600. Instructions Prepare a proper statement of cash flows using the indirect method for 2020. (14 marks)