Roundtree Inc. had the following condensed Statement of Financial PUSH 2015: Roundtree Inc. Statement of Financial Position December 31, 2015 $30,000 41,000 Cash Accounts Receivable Investments - Fair Value Net Income Property, Plant & Equipment (net) Land $20,000 21,200 81,000 40,000 S194.200 Accounts Payable Bonds Payable Common Shares Retained Earnings 100,000 23,200 $194,200 During 2016, the following occurred: Aero liquidated its investment portfolio for $5.000. 2. A parcel of land was purchased for $38,000. 3. Common shares were issued for $30,000. Dividends totaling $10,000 were declared and paid to shareholders. Net income for 2016 was $35,000, including $12,000 in depreciation expense. Land was purchased through the issuance of $30,000 in additional bonds. At December 31, 2016, the balances in the Cash, Accounts Receivable, and Accounts Payable accounts were $70,200, $42,000, and $40,000, respectively. 8. The fair value of the investments is equal to their cost. Required: Using the indirect method, prepare in good form a Statement of Cash Flows for Roundtree Inc. for the year ended December 31, 2016. Assume dividends paid are treated as a financing activity. NOTE: Show your completed Statement of Cash Flows on page 13 of this exam. Page 14 is to be used for any rough work calculations