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

TEAL INC. BALANCE SHEETS
		Dec. 31, 2020				Jan. 1, 2020				Inc./Dec.
Assets
Cash			$ 47,080				$ 15,080			$32,000	Inc.
Accounts receivable			95,260				90,180			5,080	Inc.
Equipment			43,260				24,180			19,080	Inc.
Less: Accumulated Depreciation-Equipment			21,260				11,000			10,260	Inc.
Total			$164,340				$118,440
Liabilities and Stockholders Equity
Accounts payable			$ 24,260				$ 17,180			7,080	Inc.
Common stock			102,080				82,180			19,900	Inc.
Retained earnings			38,000				19,080			18,920	Inc.
Total			$164,340				$118,440

Net income of $48,260 was reported, and dividends of $29,340 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).)