The 2020 comparative balance sheet and income statement of Reyes Winery, Inc. follows: Reyes Winery, Inc. Comparative Balance Sheet December 31, 2020 and 2019 Increase (Decrease) 2020 Current assets: Cash and cash equivalents $26,400 $10,500 26.700 1,200 Accounts receivable Inventory 79.800 (11,900) Plant assets: Land 34.600 23,600 Equipment, net 103.900 14.200 Total assets $271.400 $37.600 Current liabilities: $35,500 $4,900 28.600 (2,100) Long-term liabilities: Notes payable 78.000 (23,000) Stockholders' Equity: Common stock 88.800 23,900 Retained earnings 40.500 33.900 Total liabilities and stockholder equity $271.400 $37,600 Accounts payable Accrued liabilities 2019 $15,900 25,500 91,700 11,000 9.700 $233.800 $30,600 30,700 101,000 64,900 6.600 $233.800 Revenues: Expenses: Reyes Winery, Inc. Income Statement Year Ended December 31, 2020 I Sales revenues Interest revenue Total revenues Cost of goods sold $202.200 $436,000 8.000 444,000 Salary expense 78,400 14,400 Depreciation expense Other operating expenses 10,200 Interest expense 21,900 Income tax expense 19.100 Total expenses 346,200 $97,800 Net income Additionally, Reyes Winery, Inc. purchased land of $23,600 by financing 100% with long-term notes payable during 2020. During the year, there were no sales of land or equipment, no additional issuances of notes payable, no retirement of stock, and no treasury stock transactions. 1. Prepare the 2020 statement of cash flows, using the indirect method. 2. Your thoughts on the financial health of this company?