The 2020 Income Statement and Comparative balance sheet of ABC Co. Ltd. follow:

The company had no non-cash financing and investing transactions during 2020. During the year, there were no sales of land or Plant and equipment , and no issuances of notes payable.

Required :

Prepare the 2020 cash flow statement using the indirect method.

Revenues Sales revenue Interest revenue Total revenues Cost of goods sold Salaries expense Amortization expense Other operating expenses interest expense Income tax expense Total expenses Expenses Income Statement For the Year Ended June 30, 2020 $76,600 27,800 4,000 10,500 16,600 27,800 Net income Balance Sheet June 30, 2020 and 2015 Assets Current assets Cash and cash equivalents Accounts receivable Interest receivable Inventory Prepaid expenses Plant and equipment, net Land Total assets Liabilities Current liabilities Accounts payable Interest payable Salaries payable Other accrued liabilities Income tax payable Long-term liabilities Notes payable Shareholders' equity Common shares Retained earnings Total abilities and shareholders equity $257,000 13,600 270,600 163,300 $107,300 2020 2019 $ 7,200 $ 6,300 31,600 26,900 1,900 700 33,400 57,200 2,500 1,900 66,500 49,400 103,000 54,000 1246.300 $196,400 $31,400 $28,800 4,400 4,900 3,100 6,600 13,700 16,000 8,900 7,700 75,000 95,000 68,300 34,700 41,500 2,700 1246,300 $196,400