The comparative balance sheets of Monty Inc. at the beginning and the end of the year 2020 are as follows. MONTY INC. BALANCE SHEETS Assets Dec. 31, 2020 Jan. 1, 2020 Inc./Dec. Cash Accounts receivable Equipment $46,130 $ 14,130 $32,000 Inc. 94,430 90,300 4,130 Inc. 42,430 24,300 18,130 Inc. Less: Accumulated Depreciation-Equipment 20,430 11,000 9,430 Inc. Total $162,560 $117,730 Liabilities and Stockholders' Equity Accounts payable $23,430 $ 17,300 6,130 Inc. Common stock 101,130 82,300 18,830 Inc. Retained earnings 38,000 18,130 19,870 Inc. Total $162,560 $117,730 Net income of $47,430 was reported, and dividends of $27,560 were paid in 2020. New equipment was purchased and none was sold. Prepare a statement of cash flows for the year 2020. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) MONTY INC. Statement of Cash Flows For the Year Ended December 31, 2020 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Depreciation Expense Increase in Accounts Receivable + Increase in Accounts Payable Net Cash Provided by Operating Activities Cash Flows from Investing Activities Purchase of Equipment Payment of Cash Dividends Issuance of Common Stock +A +A 47430 $