need to be solved in 30mins or less

Sunny Technologies Inc. began operations on January 1, 2019. Its post-closing trial balance at December 31, 2019 and 2020 is shown below along with some other information Sunny Technologies Inc. Income Statement For Year Ended December 31, 2020 Revenues: Sales Cost of goods sold Gross Profit Expenses and other other expenses 155,00 Depreciation expense 26.000 Total operating expenses Operating Profit (Loss) Loss on sales of plant assets Profit (LOS) $627,600 183,600 145,000 181,600 (37,600 21,200 $ 58,00) Sunny Technologies Inc. Port-Closing Trial Balance December 31 Account 2020 2019 Cash $ 63,200 $ 76,840 Receivables 42,400 30,00 Merchandise inventory 27,600 35,000 Property, plant and equipment 230,00 Accumulated depreciation 190,400 64,400 53,200 Accounts payable 50,220 62,40 Accrued liabilities 11,600 6,80 Notes payable 97,640 40,000 Comon shares 8,000 Retained earnings 90,000 363,240 Other Information regarding Sunny and its activities during 2020: 1. Assume all accounts have normal balances 2. Cash dividends were declared and pald during the year. 3. Plant assets were sold during the year. 4. Plant assets worth $99,600 were purchased during the year by paying cash of $32,400 and issuing a long-term note payable for the balance Required: Using the information provided, prepare a statement of cash flows (applying the Indirect method) for the year ended December 31 2020. (List any deduction in cash and cash outflows and loss as negative amounts.) SUNNY TECHNOLOGIES INC. Statement of Cash Flows For Year Ended December 31, 2020 Cash flows from operating activities Adjustments to reconcile profit to net cash inflows from operating activities Cash flows from investing activities Enabled: Final E Cash flows from investing activities: Cash flows from financing activities