Sarasota Inc. had the following balance sheet at December 31, 2019.

SARASOTA INC. BALANCE SHEET DECEMBER 31, 2019
Cash		$ 21,610		Accounts payable		$ 31,610
Accounts receivable		22,810		Notes payable (long-term)		42,610
Investments		33,610		Common stock		101,610
Plant assets (net)		81,000		Retained earnings		24,810
Land		41,610				$ 200,640
		$ 200,640

During 2020, the following occurred.

1.		Sarasota Inc. sold part of its debt investment portfolio for $ 15,124. This transaction resulted in a gain of $ 3,524 for the firm. The company classifies these investments as available-for-sale.
2.		A tract of land was purchased for $ 14,610 cash.
3.		Long-term notes payable in the amount of $ 16,124 were retired before maturity by paying $ 16,124 cash.
4.		An additional $ 20,124 in common stock was issued at par.
5.		Dividends of $ 8,324 were declared and paid to stockholders.
6.		Net income for 2020 was $ 33,610 after allowing for depreciation of $ 11,124.
7.		Land was purchased through the issuance of $ 36,610 in bonds.
8.		At December 31, 2020, Cash was $ 38,610, Accounts Receivable was $ 43,210, and Accounts Payable remained at $ 31,610.

1. Prepare a statement of cash flows for 2020. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

2. Prepare an unclassified balance sheet as it would appear at December 31, 2017. (List Assets in order of liquidity.)

3. Compute two cash flow ratios. (Round ratios to 2 decimal places, e.g. 0.62.)