Tamarisk 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 Contributed capital, common stock TAMARISK INC. INCOMESTATEMENT FOR THE YEAR ENDING DECEMBER 31, 2020 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 astatement of cash flows using the direct method. (Show amounts in the investing and financing sections that decrease cash flow with either a - sign e.8. 15,000 or in parenthesis e.3. (15,000). TAMARISK INC. Statement of Cash Flows eTextbook and Media