Saved work Inc.'s balance sheet and income statement are as follows: LAG Network Inc. Income Statement For Year Ended December 31, 2020 $ 936,600 564,200 $ 372,400 F goods sold profit ng expenses: eciation expense expenses operating expenses from operations taxes $ 25, 200 247,800 $ 273,000 99,400 26,600 72,800 $ LAG Network Inc. Comparative Balance Sheet Information $ 72,800 LAG Network Inc. Comparative Balance Sheet Information December 31 2020 2019 ceivable inventory $ 81,270 50,400 273,630 162,400 (79,800) $ 487,900 $ 56,000 39,200 259,000 140,000 (54,600) $ 439,600 depreciation and Equity yable s payable es rnings lities and equity 18, 200 $ 39,200 19,600 371,000 58,100 $ 487,900 $ 439, 600 ormation regarding LAG Network Inc.'s activities during 2020: t is purchased for $22,400 cash. mmon shares are issued for cash at $2.50 per share. and paid $58,800 of cash dividends during the year. atement of cash flows for 2020 that reports the cash inflows and outflows from operating activities according to ti nod. (List any deduction in cash and cash outflows as negative amounts.) Saved work Inc.'s balance sheet and income statement are as follows: LAG Network Inc. Income Statement For Year Ended December 31, 2020 $ 936,600 564,200 $ 372,400 F goods sold profit ng expenses: eciation expense expenses operating expenses from operations taxes $ 25, 200 247,800 $ 273,000 99,400 26,600 72,800 $ LAG Network Inc. Comparative Balance Sheet Information $ 72,800 LAG Network Inc. Comparative Balance Sheet Information December 31 2020 2019 ceivable inventory $ 81,270 50,400 273,630 162,400 (79,800) $ 487,900 $ 56,000 39,200 259,000 140,000 (54,600) $ 439,600 depreciation and Equity yable s payable es rnings lities and equity 18, 200 $ 39,200 19,600 371,000 58,100 $ 487,900 $ 439, 600 ormation regarding LAG Network Inc.'s activities during 2020: t is purchased for $22,400 cash. mmon shares are issued for cash at $2.50 per share. and paid $58,800 of cash dividends during the year. atement of cash flows for 2020 that reports the cash inflows and outflows from operating activities according to ti nod. (List any deduction in cash and cash outflows as negative amounts.)