question 6)

6) Condensed financial data of Beren Company for 2020 and 2019 are presented below. Beren Company Comparative Balance Sheet As of December 31, 2020 and 2019 Cash Receivables Inventory Plant assets 2020 $ 1,800 1,750 1,600 1,900 2019 $ 1,150 1,300 1,900 1,700 5 (1,200) (1,170) Accumulated Depreciation Long-term investments (held-to-maturity) 1,300 $ 7150 1,420 $ 6.300 $ Accounts payable Accrued liabilities Bonds payable Common stock Retained earnings $ 1,200 200 1,400 1,900 2,450 $ 7.150 900 250 1,550 1,700 1.900 $6.300 Beren Company Income Statement For the Year Ended December 31, 2020 Sales revenue Cost of goods sold Gross margin Selling and administrative expense Income from operations Other revenues and gains $ 6,900 4,700 2,200 930 1,270 Beren Company Income Statement For the Year Ended December 31, 2020 $ 6,900 4,700 2,200 930 1,270 Sales revenue Cost of goods sold Gross margin Selling and administrative expense Income from operations Other revenues and gains Gain on sale of investments Income before tax Income tax expense Net income Cash dividends Income retained in business 80 1,350 540 810 260 $ 550 Additional information: During the year, $70 of common stock was issued in exchange for plant assets. No plant assets were sold in 2020. Instructions: Prepare a statement of cash flows in GOOD FORM using the indirect method