Pearl Inc., had the following condensed balance sheet at the end of operations for 2019. PEARL INC. BALANCE SHEET DECEMBER 31, 2019 Cash $8,600 Current liabilities $15,200 Current assets other than cash 29,200 Long-term notes payable 25,600 Equity invesments 19,900 Bonds payable 25,000 Plant assets (net) 66,800 Common stock 75,000 Land 40,400 Retained earnings 24,100 $164,900 $164,900 During 2020, the following occurred. 1. A tract of land was purchased for $8,900. 2. 3. Bonds payable in the amount of $15,000 were redeemed at par. An additional $10,000 in common stock was issued at par. 4. Dividends totaling $9,400 were paid to stockholders. 5. 6. Net income was $30,300 after allowing depreciation of $13,700. Land was purchased through the issuance of $22,800 in bonds. 3. An additional $10,000 in common stock was issued at par. Dividends totaling $9,400 were paid to stockholders. 4. 5. Net income was $30,300 after allowing depreciation of $13,700. 6. Land was purchased through the issuance of $22,800 in bonds. 7. Pearl Inc. sold part of its investment portfolio for $12,900. This transaction resulted in a gain of $1,900 for the company. N unrealized gains or losses were recorded on these investments in 2020. 8. Both current assets (other than cash) and current liabilities remained at the same amount. (a) Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a sign e.g. -15,000 or in parenthesis e.g. (15,000).) PEARL INC. Statement of Cash Flows (a) Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a- sign e.g. -15,000 or in parenthesis e.g. (15,000).) PEARL INC. Statement of Cash Flows Adjustments to reconcile net income to