Take me to the text The balance sheet and income statement for Vespa Company are presented below. Vespa Company Balance Sheet As at December 31 2020 2019 Assets Current Assets Cash $128,860 $76,200 Accounts Receivable $47,200 $28,600 Merchandise Inventory $71,900 $45,500 Total Current Assets $247,960 $150,300 Land $104,000 $109,000 Equipment $98,000 $134,000 Less: Accumulated Depreciation $-46,000 $-62,000 Total Assets $403,960 $331,300 Liabilities and Equity Liabilities Current Liabilities Accounts Payable $35,100 $65,400 Taxes Payable $27,700 $27,700 Total Current Liabilities $62,800 $93,100 Bonds Payable $118,700 $82,900 Total Liabilities $181,500 $176,000 Shareholders' Equity Shareholders' Equity Common Shares $75,600 $61,600 Retained Earnings $146,860 $93,700 Total Shareholders' Equity $222,460 $155,300 Total Liabilities and Equity $403,960 $331,300 Notes: The company paid cash dividends during 2020. The company did not make a bonds payable payment during 2020. The company did not purchase any equipment during 2020. The company did not purchase any land during 2020. Vespa Company Income Statement For the Year Ended December 31, 2020 Sales Cost of Goods Sold Gross Profit $422,000 $274,300 $147,700 Operating Expenses Depreciation Expense $5,000 Other Operating Expenses $29,500 Total Operating Expenses $34,500 Income from Operations $113,200 Other Income and Expenses Interest Expense $-8,000 Loss on Sale of Equipment 5-6,100 Gain on Sale of Land $7,700 The company did not purchase any land during 2020. Vespa Company Income Statement For the Year Ended December 31, 2020 Sales Cost of Goods Sold Gross Profit $422,000 $274,300 $147,700 Operating Expenses Depreciation Expense $5,000 Other Operating Expenses $29,500 Total Operating Expenses $34,500 Income from Operations $113,200 Other Income and Expenses Interest Expense $-8,000 Loss on Sale of Equipment $-6,100 Gain on Sale of Land $7,700 Operating Income before Tax $106,800 Income Tax Net Income (Loss) $32,040 $74,760 Prepare the cash flow statement for December 31, 2020 using the indirect method. Do not enter dollar signs or commas in the input boxes. Use the negative sign for a decrease in cash. Vespa Company Cash Flow Statement For the Year Ended December 31, 2020 Cash Flow from Operating Activities Net Income Adjustments to Reconcile Net Income to Cash Depreciation Expense Loss on Sale of Equipment Gain on Sale of Land Changes in Operating Assets and Liabilities Increase in Accounts Receivable Increase in Merchandise Inventory Decrease in Accounts Payable Change in Cash Due to Operating Activities Cash Flow from Investing Activities Sale of Equipment Sale of Land Net Cash Provided (Used) by Investing Activities Cash Flow from Financing Activities Proceeds from Issuance of Common Shares Proceeds from Bonds Payable Payment of Dividends Net Cash Provided (Used) by Financing Activities Net increase (decrease) in cash Cash at the Beginning of the Year Cash at the End of the Year Check Note: The "check" button does not submit your att