Pronshorn Inc, had the following condensed balance sheet at the end of operations for 2014 PRONGHORN INC. BALANCE SHEET DECEMBER 31, 2019 $8,400 Current liabilities 28,800 Long term notes payable Cash 515200 25.500 20,000 25.000 Current assets other than cash Equity invesments Plant assets (net) Land 67.100 Bonds payable Common stock Retained earning 75,000 40,300 23.900 $164.600 $164,600 During 2020, the following occurred, 1 Atract of land was purchased for 58,900, 2 Bonds payable in the amount of $15.000 were redeemed at par An additional 59.900 in common stock was issued at par. Dividends totaling $9.400 were paid to stockholders 5 Net income was $30,600 after allowing depreciation of $13,300, 6 Land was purchased through the issuance of $22,800 in bonds. 7 Pronghorn Inc. sold part of its westment portfolio for 512.900. This transaction resulted in a gain of $1.900 for the company No unrealized gains or losses were recorded on these investments in 2020 4 B Both current assets (other than cash) and current liabilities remained at the same amount Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a signes -15,000 or in parenthesis es (15,0001) PRONGHORN INC. Statement of Cash Flows Adjustments to reconcile net income to $ Prepare the condensed balance sheet for Pronghorning, as it would appear at December 31, 2020. (List assets in the order of Liquidity) PRONGHORN INC. Balance Sheet Assets Liabilities and Equities