Terry Company's income statement and comparative balance sheets at December 31,20120 and 2019, are as follows: REQUIRED: a. Calculate the change in cash that occurred during 2020. This is your check figure. b. Calculate the amount of dividends that were paid by reconciling the Retained Earnings Statement Beginning R/E + Net Income - Dividends Ending R/E b. Calculate the amount of dividends that were paid by reconciling the Retained Earnings Statement Beginning R/E + Net Income - Dividends Ending R/E Three of these numbers are found on the statements above and the only missing element is dividends b. Prepare a 2020 statement of cash flow using the indirect method. Make sure Follow the format of the statement that I showed you in this week's outline. ROCKY ROAD BICYCLES, INC. Comparative Balance Sheets December 2019 TOTAL LIABILITIES AND EQUITY $2,212,000$1,792,000 Additional Information: 1) Rocky Road reported net income of $324,000 in 2020 2) Depreciation expense was $122,000 in 2020 3) Rocky Road sold plant assets during 2020 . The plant assets originally cost $88,000, with accumulated depreciation of $48,000, and were sold for a gain of $16,000. Increase in cash from 2019-2020: \$10,000 \begin{tabular}{|c|c|c|} \hline Pividends Paid: & \begin{tabular}{r} Beginning R/E \\ +NI \\ =Div \end{tabular} & \begin{tabular}{r} $624,000 \\ 324,000 \\ $156,000 \end{tabular} \\ \hline & Ending R/E & $792,000 \\ \hline \end{tabular} ROCKY ROAD BICYCLES, INC. CASH FLOW STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020