Rojas Corporation's comparative balance sheets are presented below.

Rojas Corporation's comparative balance sheets are presented below. ROJAS CORPORATION Comparative Balance Sheets December 31 2020 2019 Cash $14,700 $11,000 Accounts receivable 21,100 23.800 Land 20,000 25,600 Buildings 70,000 70,000 Accumulated depreciation-buildings (15,400) (10,700) Total $110,400 $119,700 Accounts payable $12,300 $28,100 Common stock 74,600 73,800 Retained earnings 23,500 17,800 Total $110,400 $119.700 Additional information: 1. Net income was $23,000. Dividends declared and paid were $17,300. No noncash investing and financing activities occurred during 2020. 2 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 a-signes -15,000, or in parenthesis eg. (15,000)) ROJAS CORPORATION Statement of Cash Flows For the Year Ended December 31, 2020 Cash Flows from Operating Activities Net Income 23.000 Adjustments to reconcile net income to Net Cash Provided by Operating Activities v Depreciation Expense Sale of Land Decrease in Accounts Receivable Decrease in Accounts Payable Net Cash Provided by Operating Activities Cash Flows from Investing Activities Sale of Land Net Cash Used by Operating Activities Cash Flows from Financing Activities Issuance of Common Stock $