The comparative statements of financial position of ABC Company at the beginning and end of the year 2020 appear below. ABC Company STATEMENTS OF FINANCIAL POSITION Assets Land Dec. 31, 2020 Jan. 1, 2020 10000 0 30,000 20,000 Equipment Less: Acc. Dep. equipment 14,000 10000 Accounts receivable 95,000 120,000 40,000 Inventory 50,000 Cash 23,000 194,000 12,000 182,000 a Total Equity and Liabilities Share capital-ordinary Retained earnings Accounts payable Tax payable 132,000 28,000 130,000 19,000 20,000 14,000 194,000 15,000 18,000 182000 Total Additional information: Net income reported in 2020 was $ 20000 Dividends paid in 2020 was $ 21000 New equipment was purchased in 2020 costing $ 10,000 A land was obtained from the government as a gift $ 10000 Instructions: Prepare a statement of cash flows for the year 2020. 20'C JM