Question 2 of 2 During 2020, the following occurred: 1. Swifty liquidated its FV-NI investments portfolio at a loss of $8,000. 2. A parcel of land was purchased for $38,000. 3. An additional $38,000 worth of common shares was issued. 4. Dividends totalling $15,000 were declared and paid to shareholders. 5. Net income for 2020 was $40,000, including $12,000 in depreciation expense. 6. Land was purchased through the issuance of $65,000 in additional bonds. 7. At December 31,2020 , Cash was $78,200; Accounts Receivable was $42,000; and Accounts Payable was $40,000. Prepare the statement of financial position as it would appear at December 31, 2020. (List Assets in order of liquidity. Prepare a statement of cash flows for the year ended December 31, 2020, using the indirect method. Assume dividends paid are treated as financing activities. (Show amounts that decrease cosh flow with either a-sign e.g. 15,000 or in parenthesis e.g. (15,000).)