Rojas Corporation's comparative balance sheets are presented below. ROJAS CORPORATION Comparative Balance Sheets December 31 2020 2019 Cash Accounts receivable Land Buildings Accumulated depreciation-buildings Total $14,800 21,500 20,300 70,000 (14,600) $112,000 $10,300 23,500 26,400 70,000 (10,400) $119,800 Accounts payable Common stock Retained earnings Total $12,200 74,400 25,400 $112,000 $28,600 74,000 17,200 $119,800 Additional information: 1. Net income was $22,900. Dividends declared and paid were $14,700. 2. No noncash investing and financing activities occurred during 2020. 3. The land was sold for cash of $4,500. Your answer is partially correct. Try again. Prepare a statement of cash flows for 2020 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).) ROJAS CORPORATION Statement of Cash Flows For the Year Ended December 31, 2020 Cash Flows from Operating Activities Net Income 22900 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense x Loss on Disposal of Plant Assets illl Decrease in Accounts Receivable Decrease in Accounts Payable Activate Windows Go to Settings to activate Windo x 00 Net Cash Provided by Operating Activities Cash Flows from Investing Activities Sale of Land Cash Flows from Financing Activities x Net Increase in Cash co |* DDD Click if you would like to Show Work for this question: Open Show Work