Prepare a statement of cash flows using the information provided below and amounts indicated on the attached template.

CD Corporation has the following for 2020:

Net Income $145,000

Depreciation was $4,250

Sold Equipment with a Cost of $32,000, Accumulated Depreciation $15,000 for $22,500 Cash.

Sold Common Stock of $250,000

Paid a Dividend of $6,500

Balance Sheet Balances 2020 2019 Cash 882,500 425,000 Accounts Receivable 575,500 275,500 Merchandise Inventory 445,000 900,000 Prepaid Expenses 67,500 82,500 Equipment 68,000 100,000 Accumulated Depreciation Building (29,250) (40,000) Accounts Payable 590,100 737,350 Wages Payable 65,000 40,000 Retained Earnings 254,150 115,650 Common Stock 1,100,000 850,000