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Lily Corporation's comparative balance sheets are presented below. Additional information: 1. Net income was $28,500. Dividends declared and paid were $23,100. 2. All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation. The land was sold for $6.200. Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow wtth elther a-slan eg. - 1500nr in manetherle o o ite mm1 |