Newman Corportion's comparative balance sheets are presented below Newman Corporation Comparative Balance Sheet December 31 T 1 Assets Cash Accounts receivabl Investments (long-term) Equipment Accumulated depreciation Total Assets LE 2020 $15,200 25,200 20,000 60,000 (14,000) $106.400 2019 $17,700 22.300 16,000 70.000 (10.000) $16.000 TT TTTTT LITT 1 11 WITT II 1 1 11 TL 1 1 Liabilities & Stockholder Equity Accounts payable Bonds payable Common stock ($1 par) Retained earings Total Liabilities & Stockholder Equity 1 11 $14,600 10.000 50,000 31.800 $106400 $11.100 30,000 45,000 29.900 S116.000 2 EES Additional information: 1. Net income was $18.300. Dividends declared and paid were $16.400. 2. Equipment which cost $10,000 and had accumulated depreciation of S1,200 was sold for $3.300. 3. All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation Instruction Prepare a statement of cash flows for 2020 using the indirect method