The comparative balance sheets for Marigold Corporation show the following information. December 31 2020 2019 Cash $33,200 $13,200 Accounts receivable 12,300 10,000 Inventory 12,100 9,000 Available-for-sale debt investments -0- 3,000 Buildings -0- 29,800 Equipment 44,600 20,000 Patents 5,000 6,300 $107,200 $91,300 Allowance for doubtful accounts $3,000 $4,500 Accumulated depreciation-equipment 2,000 4,500 Accumulated depreciation-building -0- 5,900 Accounts payable 5,000 3,000 Dividends payable -0- 5,000 Dividends payable -0- 5,000 Notes payable, short-term (nontrade) 2,900 4,000 Long-term notes payable 31,000 25,000 Common stock 43,000 33,000 Retained earnings 20,300 6,400 $107,200 $91,300 Additional data related to 2020 are as follows. 1. Equipment that had cost $11,000 and was 40% depreciated at time of disposal was sold for $2,500. 2. $10,000 of the long-term note payable was paid by issuing common stock. 3. Cash dividends paid were $5,000. 4. 5. On January 1, 2020, the building was completely destroyed by a flood. Insurance proceeds on the building were $29,700 (net of $2,100 taxes). Debt investments (available-for-sale) were sold at $1,700 above their cost. The company has made similar sales and investments in the past. 6. Cash was paid for the acquisition of equipment. 7. A long-term note for $16,000 was issued for the acquisition of equipment. 8. Interest of $2,000 and income taxes of $6,600 were paid in cash. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Cash Flows from Operating Activities MARIGOLD CORPORATION Statement of Cash Flows For the Year Ended December 31, 2020 Net Income Adjustments to reconcile net income to