Sheridan Inc., a greeting card company, had the following statements prepared as of December 31, 2020. Accounts payable Income taxes payable Salaries and wages payable Short-term loans payable Long-term loans payable Common stock, $10 par $46,300$39,800 3,9006,100 7,9003,900 Contributed capital, common stock Retained earnings Total liabilities \& stockholders' equity $313,10056,900$292,70034,400 SHERIDAN INC. INCOME STATEMENT FOR THE YEAR ENDING DECEMBER 31, 2020 Sales revenue Cost of goods sold Gross profit Operating expenses Operating income $338,600 Additional information: 1. Dividends in the amount of $5,900 were declared and paid during 2020. 2. Depreciation expense and amortization expense are included in operating expenses. 3. No unrealized gains or losses have occurred on the investments during the year. 4. Equipment that had a cost of $20,100 and was 70% depreciated was sold during 2020. Prepare a statement of cash flows using the direct method. (Show amounts in the investing and financing sections that decreas with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).)