TEAL INC. COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2020 AND 2019 Accounts payable Income taxes payable $45,8004,100$39,8006,000 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 Total liabilities \& stockholders' equity TEAL INC. INCOME STATEMENT FOR THE YEAR ENDING DECEMBER 31, 2020 Additional information: 1. Dividends in the amount of $6,000 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 $20,200 and was 70% depreciated was sold during 2020. Prepare a statement of cash flows using the direct method. (Show amounts in the investing and financing sections the with either a-sign e.g. 15,000 or in parenthesis eg. (15,000)