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need the answer of this question urgently Paddleboard Inc. began operations on January 1, 2019. Its post-closing trial balance at December 31, 2019 and 2020,

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Paddleboard Inc. began operations on January 1, 2019. Its post-closing trial balance at December 31, 2019 and 2020, is shown be along with some other information. Paddleboard Inc. Income Statement For Year Ended December 31, 2020 (2005) Revenues : Sales Cost of goods sold Gross Profit Expenses: Other expenses $ 880 Depreciation expense 80 Total operating expenses Profit from operations Income tax expense Profit $ 3,784 1,536 2,248 960 1,288 288 $1,000 Paddleboard Inc. Post-Closing Trial Balance (2005) December 31 Account 2020 2019 Cash $2,880 $1,840 Receivables 2,800 2,080 Merchandise inventory 2,560 3,040 Property, plant and equipment 3,040 2,720 Accumulated depreciation 1,920 1,840 Investments 2,080 2,240 Accounts payable 1,920 1,440 Accrued liabilities 320 480 Bonds payable 2,240 2,400 Cash Receivables Merchandise inventory Property, plant and equipment Accumulated depreciation Investments Accounts payable Accrued liabilities Bonds payable Common shares Retained earnings $2,880 2,800 2,560 3,040 1,920 2,080 1,920 320 2,240 3, 040 3,920 $1,840 2,080 3,040 2,720 1,840 2,240 1,440 480 2,400 2,720 3,040 Other information regarding Paddleboard Inc. and its activities during 2020: 1. Assume all accounts have normal balances. 2. Cash dividends were declared and paid during the year. 3. There were no sales of property, plant, and equipment assets during the year. 4. Investments were sold for cash at their original cost. Required: Using the information provided, prepare a statement of cash flows (applying the indirect method) for the year ended December 2020. (List any deduction in cash and cash outflows as negative amounts. Enter amounts in thousands, not in dollar.) PADDLEBOARD INC. Statement of Cash Flows For Year Ended December 31, 2020 (000s) Cash flows from operating activities

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