Problem 17-11A The comparative balance sheets for Rothlisberger Company as of December 31 are presented below. ROTHLISBERGER COMPANY Comparative Balance Sheets December 31 Assets 2020 2019 Cash Accounts receivable Inventory Prepaid expenses Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock, $1 par Retained earnings $57,700 40,700 151,000 14,800 107,600 200,700 (59,100) 229,100 (44,900) $697,600 $47,400 63,000 143,100 24,500 137,900 200,700 (34,700) 155,300 (35,800) $701,400 $46,100 260,000 193,900 197,600 $697,600 $40,000 294,700 159,200 207,500 $701,400 Total Additional information: Additional information: 1. Operating expenses include depreciation expense of $42,000 and charges from prepaid expenses of $9,700. 2. Land was sold for cash at book value. 3. Cash dividends of $54,500 were paid. 4. Net income for 2020 was $44,600. 5. Equipment was purchased for $94,800 cash. In addition, equipment costing $21,000 with a book value of $12,500 was sold for $5,200 cash. 6. Bonds were converted at face value by issuing 34,700 shares of $1 par value common stock. Prepare a statement of cash flows for the year ended December 31, 2020, using the indirect method. (SH ROTHLISBERGER COMPANY Statement of Cash Flows Adjustments to reconcile net income to