The comperatlve balance sheets for 202 and 201 and the income statement for 202 are given below for Bowers Corporaion. Additionol information from Bowers' accounting records is also provided. Mint For purposes of the statement of cash flows, loss on sale of iand is treated in a manner similar to depreclation expense. Goth are non-cash items. Additional information from the accounting reciods: a. Land that onginally cost $21000 was sold for $16,000. b. The common stock of Hawkeye Company wos purchased for 331.000 as n shoet term investment not classif ed as a cosh Equivalent c. New equipment was purchased for 5155.000cash, d. a s31000 note was paict at maturity on January t. e. On danuery 1, 20x2, bonds were soid at their 562.000 face value t Cominion stock ( 550.000 per) was sola for $75.000. g. Net inconhe was $90000 and cash dividends of $55000 were paid to sharenolders f. All ifwentory purcheses nfe on creat and at debits to occouste poynble refiect cosh pityments tor inventory. Aequiled: Prepare the statentent of cesh flows for Bowers Carporation for the yent ended Decenver 3t, 20x2. Prevent cosh fows from operating activities asing the direct method, (Amounts to be deducted shoude be indicated with a minus atgn. Enter your anwwers in Phequired: Prepere the stetemort of cash flews for Bowers Corporation for the year ondod Dicembor 3 , 202. Present cashi Fows frem oforating octivities uelng the direct fhethod. (Amounts to be deducted should be indicated with a minus slgn. Enter your answers in theusands (l.e., 10,000 should be entered as 10% )