SYCAMORE CORPORATION Comparative Statements of Financial Position December 31 Additional Data: 1. The bonds were sold at par on July 1, 2020. 2. Cash dividends were paid. 3. Land was sold for $80,000. 4. Old equipment was sold for $70,000. This equipment had cost $150,000 and had accumulated depreciation of $60,000 to date of sale. New equipment was purchased to replace it. Instructions Prepare a statement of cash flows for calendar 2020, using the direct method