The comparative balance sheets of Sandhill Inc. at the beginning and the end of the year $2020$ are as follows.

SANDHILL INC. BALANCESHEETS

$\backslash$table$[[,$Dec. $31,2020,$Jan. $1,2020,$Inc.$/$Dec$.],[$Assets$],[$Cash$,$$$46,480,$$$14,480,$$$32,000,$Inc.$],[$Accounts receivable,$94,200,89,720,4,480,$Inc.$],[$Equipment$,42,200,23,720,18,480,$Inc.$],[$Less: Accumulated Depreciation$-$Equipment,$20,200,11,000,9,200,$Inc.$],[$Total$,$$$162,680,$$$116,920,,],[$Liabilities and Stockholders' Equity$],[$Accounts payable,$$23,200,$$$16,720,6,480,$Inc.$],[$Common stock,$101,480,81,720,19,760,$Inc.$],[$Retained earnings,$38,000,18,480,19,520,$Inc.$],[$Total$,$$$162,680,$$$116,920,,]]$

Net income of $$47,200$ was reported, and dividends of $$27,680$ 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