Reuira statement of cash flows for the year ended December 31,2020, using the indirect method. The following statement of cash flows was incorrectly prepared by Blum Corporation. Prot The correctly reported income statement also follows. Com Prop Cas Statement of Cash Flows For Year Ended December 31, 2020 Cash received from operations Net income Depreciation expense Amortization of patent Decrease in accounts receivable balance Increase in inventory balance Increase in wages payable balance. $102,000 40,000 9,000 5,000 (10,000) Machinery, old (sold at book value on credit).. -Long-term note given for land purchased 4,000 7,000 Total funds received . . $186,000 Cash spent Retirement of mortgage Cash dividends Machinery (new) Acquired land; issued capital stock in full payment (6,000 shares, par $5)* Invested in capital stock of Costner Corporation (classified as noncurrent)... Increase in cash balance $ 60,000 20,000 50,000 36,000 10,000 10.000 Total funds spent $186,000 Market price is $6 per share