Selected financial statement information and additional data for Oriole Enterprises is presented below. Oriole Enterprises Balance Sheet and Income Statement Data December 31, 2020 December 31, 2019 Current Assets: Cash $168.300 $130,900 Accounts Receivable 261,800 336,600 Inventory 430.100 374,000 Total Current Assets 860.200 841,500 1.365.100 1,234,200 Property. Plant, and Equipment Less: Accumulated Depreciation (523,600) (486.200) 841.500 748,000 Total Assets $1.701.700 $1,589.500 Current Liabilities: Accounts Payable $205.700 $112.200 Notes Payable 56.100 74.800 Income Taxes Payable 190.500 84,150 355 300 271.150 Total Current Liabilities 374.000 430,100 Bonds Payable Bonds Payable 374.000 430,100 Total Liabilities 729,800 701,250 Stockholders' Equity: Common Stock 561,000 514,250 Retained Earnings 411.400 374,000 Total Stockholders' Equity 972,400 888.250 Total Liabilities & Stockholders' Equity 1.701.700 1,589,500 Sales Revenue $1.776.500 $1.664.300 less Cost of Goods Sold 8 26.100 804.100 Gross Profit 950.400 860.200 Expenses. Depreciation Expense 168,300 149.600 Salaries and Wages Expense 430,100 392.700 Interest Expense 37,400 37.400 Loss on Sale of Equipment 13,200 0 649,000 579,700 Less Cost of Goods Sold 826,100 804,100 Gross Profit 950,400 860,200 Expenses: Depreciation Expense 168,300 149,600 Salaries and Wages Expense 430.100 392,700 Interest Expense 37.400 37,400 Loss on Sale of Equipment 13,200 649.000 579.700 Income Before Taxes 101.400 280.500 Less Income Tax Expense 120.560 112.200 Net Income 180.840 168,300 Additional Information: During the year. Oriole sold equipment with an original cost of $168.600 and accumulated depreciation of $130.900 and purchased new equipment for $299 200. Prepare a statement of cash flows for the year ending December 31, 2020. (Show amounts that decrease cash flow with either a-signeg. -15,000 or in parenthesis eg. (15.000. Oriole Enterprises Statement of Cash Flows For the Quarter Ended December 31, 2020 Cash Flows from Operating Activities Net income 180.840 Adjustments to reconcile net income to Cash Flows from Operating Activities Deprecision Expense 168,300 Lasson Sale of Euipment 13: 200 Decrease in Accounts Rece able 74800 Increase mentary -56100 Decrease in totes Payable -18700 Increase in Tax Pewable 2350 Increase in Inventory -56100 Decrease in Notes Payable 18700 Increase in Tax Payable 9350 Net Cash Provided by Operating Activities Cash Flows from investing Acties Sale of Equipment Purchase of Equipment Cash Flows from Financing Activities Fatimement of Bonds Pavabla Issuance of Common Stock Parafindandi Cash Flows from Investing Activities > Sale of Equipment Purchase of Equipment V Cash Flows from Financing Activities Retirement of Bonds Payable V Issuance of Common Stock Payment of Dividends > Cash at Beginning of Year Castiat End of the Year $ Save for Later Attempts of lused Submit Ans