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Rojas Corporation's comparative balance sheets are presented below. ROJAS CORPORATION Comparative Balance Sheets December 31 2020 Cash $14,200 Accounts receivable 21,700 Land 20,200 Buildings 69,800

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Rojas Corporation's comparative balance sheets are presented below. ROJAS CORPORATION Comparative Balance Sheets December 31 2020 Cash $14,200 Accounts receivable 21,700 Land 20,200 Buildings 69,800 Accumulated depreciation-buildings (15,200 ) Total $110.700 2019 $10,500 23,500 26,500 69,800 (11.000) $119,300 Accounts payable Common stock Retained earnings Total $11,800 75,200 23,700 $110,700 $28,600 71,200 19,500 $119,300 Additional information: 1. Net income was $22,200. Dividends declared and paid were $18,000. 2. No noncash investing and financing activities occurred during 2020. 3. The land was sold for cash of $4,700. Prepare a statement of cash flows for 2020 using the Indirect method. (Show amounts that decrease cash flow with either or in parenthesis es. (15.0001) signes -15.000 ROJAS CORPORATION Statement of Cash Flows Adjustments to reconcile net income to Attempts: 0 of 1used Su Save for Later The parts of this question must be completed in order. This part will be available when you complete the part above.

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