Please prepare the statement of cash flows, including subtotals, totals, and supplemental disclosures, using the indirect method. Please use the dropdown menu to select the appropriate account in the green boxes below. Do not type in the account or title. You may not need all of the lines. Leave any unused lines blank - Please enter the numerical amounts of the cash flow activity in the blue boxes below. You will be graded on the amount and appropriate sign of the activity (ie, a negative or a positive). - When finished, please rename the Excel file and worksheet tab to "SCF Problem - Last Name, First Initial of First Name'. For example, mine would be "SCF Problem - Riley, M". If your file name AND tab name are not in the correct format mentioned above, you will lose 5 points for this question. Huskle Co. Statement of Cash Flows December 31, 2020 Operating Activities Cash Accounts receivable Inventory Equipment Accumulated depreciation-equipment Patents, net of amortization Total assets COMPARATIVE BALANCE SHEET 12/31/20 24,000 81,000 67,500 212,000 199,200) 14,000 299,300 12/31/19 17,000 71,000 71,200 177,500 (55,000) 17,500 299,200 Change 7,000 10,000 (3,700) 34,500 (44,200) (3,500) 3 0 22 23 24 25 26 27 Accounts payable Long-term bonds payable Common stock, $10 par Retained earnings Total liabilities & stockholders' equity 54,500 50,000 103,000 91,800 299,300 41,900 125,000 83,100 49,200 299,200 12,600 (75,000) 19,900 42,600 Investing Activities 28 29 30 31 32 33 34 35 36 37 ADDITIONAL INFORMATION - Net Income was $72,000 during the year. Equipment that had a cost of $20,000 and accumulated depreciation of $10,000 was sold at net book value - No additions were made to patents during the year. - Bonds payable matured and were paid during the year in the amount of $75,000 - No common stock was repurchased during the year. Common stock was issued during the year. Financing Activities