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

STELLAR INC. BALANCE SHEETS
		Dec. 31, 2020				Jan. 1, 2020				Inc./Dec.
Assets
Cash			$ 47,620				$ 15,620			$32,000	Inc.
Accounts receivable			94,790				89,170			5,620	Inc.
Equipment			42,790				23,170			19,620	Inc.
Less: Accumulated Depreciation-Equipment			20,790				11,000			9,790	Inc.
Total			$164,410				$116,960
Liabilities and Stockholders Equity
Accounts payable			$ 23,790				$ 16,170			7,620	Inc.
Common stock			102,620				81,170			21,450	Inc.
Retained earnings			38,000				19,620			18,380	Inc.
Total			$164,410				$116,960

Net income of $47,790 was reported, and dividends of $29,410 were paid in 2020. New equipment was purchased and none was sold.

Prepare a statement of cash flows for the year 2020.