Riverbed Inc., a greeting card company, had the following statements prepared as of December 31, 2020. RIVERBED INC. COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2020 AND 2019 12/31/20 12/31/19 Cash $5,900 $7,000 Accounts receivable 61,500 51,400 Short-term debt investments (available-for-sale) 35,400 17,800 Inventory 39,900 60,400 Prepaid rent 4,900 3,900 Equipment 155,300 131,000 Accumulated depreciation-equipment (34,700) (25,200) Copyrights 45,900 49,900 Total assets $314,100 $296,200 Accounts payable $46,500 $39,600 Income taxes payable 4,100 5,900 Salaries and wages payable 8,100 4,100 Short-term loans payable 8,000 9,900 Long-term loans payable 60,600 68,600 Common stock, $10 par 100,000 100,000 Contributed capital, common stock 30,000 30,000 Retained earnings 56,800 38,100 Total liabilities & stockholders' equity $314,100 $296,200 RIVERBED INC. INCOME STATEMENT FOR THE YEAR ENDING DECEMBER 31, 2020 Sales revenue Cost of goods sold Gross profit Operating expenses Operating income $335,275 173,900 161,375 121,000 40,375 Interest expense $11,500 Gain on sale of equipment 2,000 9,500 Income before tax 30,875 Income tax expense 6,175 Net income $24,700 Additional information: 1. Dividends in the amount of $6,000 were declared and paid during 2020. 2. Depreciation expense and amortization expense are included in operating expenses. 3. No unrealized gains or losses have occurred on the investments during the year. 4. Equipment that had a cost of $19,900 and was 70% depreciated was sold during 2020. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Adjustments to reconcile net income to RIVERBED INC. Statement of Cash Flows $