Statement of cash flows preparation.Selected financial statement information and additional data for Stanislaus Co$.$ is presented below. Prepare a statement of cash flows for the year ending December $31,2020.$ December $3120192020$Cash$$42,000$$$60,000$Accounts receivable $($net$)84,000144,200$Inventory$168,000206,600$Land$58,80026,000$Equipment $504,000789,600$TOTAL$$856,800$$$1,226,400$ Accumulated depreciation$$84,000$$$110,600$Accounts payable$50,40091,000$Notes payable $-$ short$-$term$67,20029,400$Notes payable $-$ long$-$term$168,000302,400$Common stock$420,000487,200$Retained earnings $67,200205,800$TOTAL$$856,800$$$1,226,400$ Additional data for $2020$:$1.$Net income was $$230,200\mathrm{.}2.$Depreciation was $$26,600\mathrm{.}3.$Land was sold at its original cost$\mathrm{.}4.$Dividends of $$91,600$ were paid$\mathrm{.}5.$Equipment was purchased for $$84,000$ cash$\mathrm{.}6.$A long$-$term note for $$201,600$ was used to pay for an equipment purchase$\mathrm{.}7.$Common stock was issued to pay a $$67,200$ long$-$term note payable.