OPTIMAL SOLUTION, INC Income Statement Year Ended December 31, 2020 $240.000 Revenge Service revenue Expenses Cast of goods sold Salary expense Depreciation expense Income tax expense Net income 97,000 57.000 25.000 4000 182 $57.000 Additional data follow: Acquisition of plant assets is $120,000. Of this amount $100,000 is paid in cash and $20,000 by signing a note payable it. Cash receipt from sale of land totals $50,000. There was no gain or loss. c. Cash receipts from issuance of common stock total $25,000. 4. Payment of note payable is $20.000. c. Payment of dividends is $8,000. From the balance sheet: December 31, 2020 20201 2019 Current Art Cash 20,000 50,000 Accounts receivabic Inventory Current liabilities 40,000 100,000 92.000 40.000 16,000 Accounts payable Accrued liabilities 18,000 24,000 Requirement: Prepare and analyse Optimal Solution's statement of cash flows for the year ended December 31, 2020, using the indirect method