Stellar Corporation's balance sheet at the end of 2019 included the following items. Current assets (Cash $ 82,000) $ 236,190 Current liabilities $ 151,190 Land 32,230 Bonds payable 101,190 Buildings 121,190 Common stock 152.230 Equipment 92,230 Retained earnings 46,230 Accum. depr-buildings (31,190) Total $ 480,840 Accum. depr.-equipment ( 11,000) Patents 41,190 Total $ 480,840 The following information is available for 2020. 1. Net income was $ 56,450. 2. Equipment (cost $ 21,190 and accumulated depreciation $ 9,190) was sold for $ 11,190. 3. Depreciation expense was $ 5,190 on the building and $ 10,190 on equipment. 4. Patent amortization was $ 2,500. 5. Current assets other than cash increased by $ 29,000. Current liabilities increased by $ 14,190. 6. An addition to the building was completed at a cost of $ 28,190. 7. A long-term investment in stock was purchased for $ 16,000. 8. Bonds payable of $ 52,230 were issued. 9. Cash dividends of $30,000 were declared and paid. 10. Treasury stock was purchased at a cost of $ 11,000. Prepare a statement of cash flows for 2020. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis eg. (15,000).) STELLAR CORPORATION Statement of Cash Flows Statement of Cash Flows V $ Adjustments to reconcile net income to N V $ v $ e Textbook and Media List of Accounts Prepare a balance sheet at December 31, 2020. (Show only totals for current assets and current liabilities.) (List Property, Plant and Equipment in order of Land, Building and Equipment.) STELLAR CORPORATION Balance Sheet V Assets $ $ I Liabilities and Stockholders' Equity V 7