Select financial information for ACME Incorporated is provided below for the December 31 year end. Note: all accounts have normal balances.

Comparative Statement of Financial Position Accounts
	2020	2019	Change
Cash	70,000	50,000	20,000
Accounts receivable (net)	223,000	200,000	23,000
Prepaid insurance	75,000	55,000	20,000
Inventory	367,000	385,000	(18,000)
Equipment	460,000	356,000	104,000
Accumulated depreciation, equipment	107,000	87,000	20,000
Buildings	800,000	650,000	150,000
Accumulated depreciation, buildings	224,000	212,800	11,200
Accounts payable	135,000	120,000	15,000
Salaries payable	128,800	84,800	44,000
Mortgage payable	570,000	605,000	(35,000)
Common shares	404,000	300,000	104,000
Retained earnings	426,200	286,400	139,800
Comparative Statement of Comprehensive Income Accounts
Sales revenue		1,040,000
Depreciation expense		31,200
Income tax expense		95,000
Cost of goods sold		470,000
Interest expense		24,000
General and administrative expense		205,000
Additional Information
$35,000 of the mortgage is payable each year
A warehouse was purchased for cash
Dividends were declared and paid
Equipment was acquired in exchange for common shares

Required:

Prepare the company's Statement of Cash Flows using the indirect method (15 marks)