please answer full question and most important be clear on your answer try to do it on the same format

Following is a partially completed b ice sheet for Hoeman Inc. at December 31, 2020, together with comparative data for the year ended December 31, 2019. From the statement of cash flows for the year ended December 31, 2020, you determine the following: Net income for the year ended December 31, 2020, was $97,000. Dividends paid during the year ended December 31, 2020. were $65,500. Accounts receivable decreased $11,000 during the year ended December 31, 2020. The cost of new buildings acquired during 2020 was $130,500. No buildings were disposed of during 2020. The land account was not affected by any transactions during the year, but the fair value of the land at December 31, 2020, was SIE 0 Required: a. Complete the December 31, 2020 balance sheet. (Hint Long-term debt is the last number to compute to make the balance sheet balance.) b. Prepare a statement of cash flows for the year ended December 31, 2020, using the indirect method. Complete this question by entering your answers in the tabs below. Required A Required B Complete the December 31, 2020, balance sheet. (Hint: Long-term debt is the last number to compute to make the balance - n.com/how/connect.html St. of Cash Flows (10 points) Saved Complete the December 31, 2020, balance sheet. (Hint: Long-term debt is the last number to compute to make the balance sheet balance.) 2019 $ 48,000 140,000 HOEMAN INC Comparative Balance Sheets At December 31, 2020 and 2019 2020 Assets: Current assets Cash $ 53,500 Accounts receivable Inventory 160.000 Total current assets Land Buildings Less: Accumulated depreciation (125,500) Total land & buildings Total assets Liabilities: Current liabilities Accounts payable Note payable 164.500 $ 184000 372.000 146,000 272.500 (106,500) 312.000 684.000 $ $ 194 500 127.000 $ 53,500 $ 160,000 $ 48,000 140,000 184,000 372,000 146,000 272,500 (106,500) 312,000 684.000 (125,500)| $ $ Cash Accounts receivable Inventory Total current assets Land Buildings Less: Acumulated depreciation Total land & buildings Total assets Liabilities: Current liabilities: Accounts payable Note payable Total current liabilities Long-term debt Stockholders' Equity Common stock Retained earnings Total stockholders equity Total liabilities and stockholders equity $ 164,500 330,000 194,500 127.000 321,500 137.500 $ S $ $ 50,500 $ 46.500 178 500 225.000 684.000 $ $ Red Prepare a statement of cash flows for the year ended December 31, 2020, using the indirect method. (Amounts to deducted should be indicated by a minus sign.) HOEMAN INC. Statement of Cash Flows For the Year Ended December 31, 2020 Cash flows from operating activities: Add (deduct) items not affecting cash: Cash flows from investing activities Cash flows from financing activities: Cash flows from investing activities: Cash flows from financing activities Cash balance, January 1, 2020 Cash balance December 31, 2020