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Net income of $48,720 was reported, and dividends of $31,170 were paid in 2020 . New equipment was purchased and none was sold. Prepare a

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Net income of $48,720 was reported, and dividends of $31,170 were paid in 2020 . New equipment was purchased and none was sold. Prepare a statement of cash flows for the year 2020. (Show amounts that decrease cash flow with either a - sign e.s. -15,000 or in parenthesis e.g. (15,000). \begin{tabular}{|c|c|c|c|c|} \hline & \begin{tabular}{l} DPER INC. \\ NCE SHEETS \end{tabular} & & & \\ \hline & Dec. 31,2020 & Jan. 1,2020 & \multicolumn{2}{|c|}{ Inc./Dec. } \\ \hline \multicolumn{5}{|l|}{ Assets } \\ \hline Cash & $48,450 & $16,450 & $32,000 & Inc. \\ \hline Accounts receivable & 95,720 & 89,270 & 6.450 & Inc. \\ \hline Equipment & 43,720 & 23,270 & 20,450 & Inc. \\ \hline Less: Accumulated Depreciation-Equipment & 21,720 & 11,000 & 10,720 & Inc: \\ \hline Total & $166,170 & $117,990 & & \\ \hline \multicolumn{5}{|l|}{ Liabilities and Stockholders' Eauity } \\ \hline Accounts payable & $24,720 & $16,270 & 8,450 & Inc: \\ \hline Common stock & 103,450 & 81,270 & 22,180 & Inc. \\ \hline Retained earnings: & 38,000 & 20,450 & 17,550 & Inc. \\ \hline Total & $166,170 & $117,990 & & \\ \hline \end{tabular} Net income of $48,720 was reported, and dividends of $31,170 were paid in 2020 . New equipment was purchased and none was sold. Prepare a statement of cash flows for the year 2020. (Show amounts that decrease cash flow with either a - sign e.s. -15,000 or in parenthesis e.g. (15,000). \begin{tabular}{|c|c|c|c|c|} \hline & \begin{tabular}{l} DPER INC. \\ NCE SHEETS \end{tabular} & & & \\ \hline & Dec. 31,2020 & Jan. 1,2020 & \multicolumn{2}{|c|}{ Inc./Dec. } \\ \hline \multicolumn{5}{|l|}{ Assets } \\ \hline Cash & $48,450 & $16,450 & $32,000 & Inc. \\ \hline Accounts receivable & 95,720 & 89,270 & 6.450 & Inc. \\ \hline Equipment & 43,720 & 23,270 & 20,450 & Inc. \\ \hline Less: Accumulated Depreciation-Equipment & 21,720 & 11,000 & 10,720 & Inc: \\ \hline Total & $166,170 & $117,990 & & \\ \hline \multicolumn{5}{|l|}{ Liabilities and Stockholders' Eauity } \\ \hline Accounts payable & $24,720 & $16,270 & 8,450 & Inc: \\ \hline Common stock & 103,450 & 81,270 & 22,180 & Inc. \\ \hline Retained earnings: & 38,000 & 20,450 & 17,550 & Inc. \\ \hline Total & $166,170 & $117,990 & & \\ \hline \end{tabular}

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