Prepare a Statement of Cash Flows, Indirect Method. Glenbrook Companys most recent balance sheet, income statement, and other important information for 2020 are presented as follow

Addijicnal data for 2020 are as folons: - Sold equipment with a book value of $30,000 (- \$40,000 (xst - \$10,400 accumulatod deprociation) for $28,000 csh - Purchased equiamert for 596,000 cash s There were no sales of bong-term imestments (Hint: solve for the purchase of long-term Investments.) a Lssued bonds for $16,000 cash . becurchased mommon stod (treasury sharcs) for $45,000 ash c Declared and peid $12,000 in cash dividends sencured: a. Use the four steps destribed in the thapter to prepare a statement af cesh flaws for the year ended December 31, 2020, using the inefraxt methed. Refer to the farmat presented in Figure 6.7 "Statrment of Cash Flows (Hone Store, Inc.). c Erielly describe the major changes in cash identired in the statement of cash fowr. Addijicnal data for 2020 are as folons: - Sold equipment with a book value of $30,000 (- \$40,000 (xst - \$10,400 accumulatod deprociation) for $28,000 csh - Purchased equiamert for 596,000 cash s There were no sales of bong-term imestments (Hint: solve for the purchase of long-term Investments.) a Lssued bonds for $16,000 cash . becurchased mommon stod (treasury sharcs) for $45,000 ash c Declared and peid $12,000 in cash dividends sencured: a. Use the four steps destribed in the thapter to prepare a statement af cesh flaws for the year ended December 31, 2020, using the inefraxt methed. Refer to the farmat presented in Figure 6.7 "Statrment of Cash Flows (Hone Store, Inc.). c Erielly describe the major changes in cash identired in the statement of cash fowr