The comparative balance sheets of Sandhill Inc at the beginning and the end of the year 2 0 2 0 are as follows SANDHILL INC BALANCESHEETS table , Dec 3 1 , 2 0 2 0 , Jan 1 , 2 0 2 0 , Inc Dec , Assets , Cash , $ 4 6 , 4 8 0 , $ 1 4 , 4 8 0 , $ 3 2 , 0 0 0 , Inc , Accounts receivable, 9 4 , 2 0 0 , 8 9 , 7 2 0 , 4 , 4 8 0 , Inc , Equipment , 4 2 , 2 0 0 , 2 3 , 7 2 0 , 1 8 , 4 8 0 , Inc , Less Accumulated Depreciation Equipment, 2 0 , 2 0 0 , 1 1 , 0 0 0 , 9 , 2 0 0 , Inc , Total , $ 1 6 2 , 6 8 0 , $ 1 1 6 , 9 2 0 , , , Liabilities and Stockholders' Equity , Accounts payable,$ 2 3 , 2 0 0 , $ 1 6 , 7 2 0 , 6 , 4 8 0 , Inc , Common stock, 1 0 1 , 4 8 0 , 8 1 , 7 2 0 , 1 9 , 7 6 0 , Inc , Retained earnings, 3 8 , 0 0 0 , 1 8 , 4 8 0 , 1 9 , 5 2 0 , Inc , Total , $ 1 6 2 , 6 8 0 , $ 1 1 6 , 9 2 0 , , Net income of $ 4 7 , 2 0 0 was reported, and dividends of $ 2 7 , 6 8 0 were paid in 2 0 2 0 New equipment was purchased and none was sold Prepare a statement of cash flows for the year 2 0 2 0 ( Show amounts that decrease cash flow with either a sign e g 1 5 , 0 0 0 or

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The comparative balance sheets of Sandhill Inc  at the beginning and the end of the year 2 0 2 0 are as follows  SANDHILL INC  BALANCESHEETS   table     , Dec  3 1 , 2 0 2 0 , Jan  1 , 2 0 2 0 , Inc    Dec     ,   Assets   ,   Cash , $ 4 6 , 4 8 0 , $ 1 4 , 4 8 0 , $ 3 2 , 0 0 0 , Inc    ,   Accounts receivable, 9 4 , 2 0 0 , 8 9 , 7 2 0 , 4 , 4 8 0 , Inc    ,   Equipment , 4 2 , 2 0 0 , 2 3 , 7 2 0 , 1 8 , 4 8 0 , Inc    ,   Less  Accumulated Depreciation   Equipment, 2 0 , 2 0 0 , 1 1 , 0 0 0 , 9 , 2 0 0 , Inc    ,   Total , $ 1 6 2 , 6 8 0 , $ 1 1 6 , 9 2 0 , ,   ,   Liabilities and Stockholders' Equity   ,   Accounts payable,$ 2 3 , 2 0 0 , $ 1 6 , 7 2 0 , 6 , 4 8 0 , Inc    ,   Common stock, 1 0 1 , 4 8 0 , 8 1 , 7 2 0 , 1 9 , 7 6 0 , Inc    ,   Retained earnings, 3 8 , 0 0 0 , 1 8 , 4 8 0 , 1 9 , 5 2 0 , Inc    ,   Total , $ 1 6 2 , 6 8 0 , $ 1 1 6 , 9 2 0 , ,     Net income of $ 4 7 , 2 0 0 was reported, and dividends of $ 2 7 , 6 8 0 were paid in 2 0 2 0   New equipment was purchased and none was sold  Prepare a statement of cash flows for the year 2 0 2 0   ( Show amounts that decrease cash flow with either a   sign e   g     1 5 , 0 0 0 or

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The comparative balance sheets of Sandhill Inc. at the beginning and the end of the year 2 0 2 0 are as follows. SANDHILL INC.

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