Prepare the 2020 cash flow statement for McKnight Inc. using the Indirect method to report cash flows from operating activities Below is additional data related to transactions in 2020 as well as a partial balance sheet for 2020 and 2019 (Click the icon to view the partial balance sheet.) (Click the icon to view the 2020 transactions.) Prepare McKnight Corporation's cash flow statement for the year ended December 31, 2020, using the indirect method to report cash flows from operating activities, investing activities, and financing activities (Use parentheses or a minus sign for numbers to be subtracted.) McKnight Inc. Cash Flow Statement For the Year Ended December 31, 2020 Cash flows from operating activities Net income Add(subtract) items that affect net income and cash flow differently Net cash inflow from operating activities Cash flows from investing activities Net cash outflow from investing activities Cash flows from financing activities Not cash intlow from financing activities Net increase (decrease) In cash and cash equivalents Cash and cash equivalents at beginning of 2020 Cash and cash equivalents at end of 2020 Choose from any list or enter any number in the input fields and then continue to the need question More Info Transaction data for 2020 Amortization expense Issuance of long-term note payable to borrow cash Issuance of common shares for cash Cash received from sale of building Repurchase of own shares Loss on sale of building Purchase of equipment Payment of cash dividends Net income Purchase of long-term investment Issuance of long-term note payable to purchase patent Issuance of common shares to retire $52,000 of bonds 42.000 20,000 78,000 292,000 20.000 12,000 392,000 71,000 102,000 34.000 148,000 52,000 Print Done O ZOZO umber in the input fields and then continue to the next question. Time Rema e Investing activities and racing (Use para For the new lows from operating activities brinoomo d) that affect net income Data Table Meine December 31, 2000 2013 cashew from op ws from investing 55 000 000 SOLO 34000 tashurlow to 000 150.000 500 400 s from financing ac Current assets Cash and then Accounts receivable Inventory Prepaid expenses Current liabilities Note payable (for inventory purchases) Accounts payable Accrued liabilities Income and other to payable 5 48.000 40.000 30.000 28.000 19.000 35.000 30.000 cash inflow from find so (decrease) Inca ash equivalent Print Done ish equivalents at any list or enter any number in the input fields and then pontinue to the next question, Time Remaining: 00:30:51 Next