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Sharon Corporation's financial end on 31 December 2020, the accountant has compiled the following data regarding cash flows: Cash paid to acquire marketable securities. $460,000

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Sharon Corporation's financial end on 31 December 2020, the accountant has compiled the following data regarding cash flows: Cash paid to acquire marketable securities. $460,000 Book value of marketable securities sold.... 20,500 Proceeds from issuance of capital stock, 280,000 Proceeds from issuance of bonds payable.. 55,000 Loss on sale of marketable security 3,000 Payments to settle short-term debt 32,500 Interest and dividends received 10,000 Credit sales to customers during the year 1,850,000 Accounts receivable increase during the year 675,000 Dividends paid 130,000 Cash paid to suppliers and employees 1,030,000 Interest paid... 25,000 Income taxes paid 70,000 Cash and cash equivalents, January 1, 2020 93,000 Cash and cash equivalents, December 31, 2020 ? Using the above information, Construct a Statement of cash flows for the year ended 31 Dec 2020. 1

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