The comparative balance sheets for Beneteau Company appear below: 2019 BENETEAU CORPORATION Comparative Balance Sheet 2020 Assets Cash $37,000 Accounts receivable Inet) 80,000 Prepaid insurance 22.000 Land 18,000 Equipment 67,000 Accumulated depreciation (17.000 Total assets $207,000 Liabilities and Stockholder's Equity Accounts payable $12,000 Bonds payable 27,000 $31.000 60.000 17.000 40,000 60.000 (13,000 $195.000 $6.000 19,000 11 Bonds payable Common stock Retained earnings Total liabilities and stockholder's equity 27,000 140,000 28.000 $207.000 19,000 115 000 55.000 $195,000 Additional information: 1 Net loss for 2020 is $12.000. Net sales for 2020 are $250,000 2 Land was sold for cash at a loss of $2.000 This was the only land transaction during the year. 3 Equipment with a cost of $15,000 and accumulated depreciation of $10,000 was sold for $5,000 cash. The company issued and retired bonds in the current year. Retirement of bonds was $12,000. S. Equipment was purchased for $22.000 6. Stock was issued for $25,000 Prepare a statement of cash flows for the year ended December 31, 2020, using the indirect method (Show amounts that decrease cash flow with either a-signeg.-15,000 or in parenthesises (15,000). If answer is zero please enter 0, do not leave any fields blank.) BENETEAU CORPORATION Statement of Cash Flows Adjustments to reconcile net income to $