The Davidson Company has the following information for 2019 and 2018 Balances 12/31/2018 1,800 12/31/2019 2,000 Account Titles Debits Cash Noncash Accounts: Accounts Receivable Notes Receivable (short-term) Inventories Prepaid Items 4,600 4,720 1,000 9,700 12,000 1,700 11,000 1,380 Land 17,100 78,000 110,000 4,000 4,400 2,500 116,000 1,000 150,900 31,800 24,000 6,000 2,600 1,400 8,210 3,500 Buildings and Equipment Patent Treasury Stock Totals Credits Accumulated Depreciation Accounts Payable nts Payable Salaries Payable Misc. Current Payables Interest Payable 12% Bonds Payable Premium on Bonds Payable Convertible Preferred Stock, $50 par Premium on Preferred Stock Common Stock, $10 par Additional Paid-in Capital Retained Earnings Total 1,200 140 7,000 650 9,000 3,000 18,000 6,500 2,500 23,500 28,800 41,150 23,200 116,000 24,750 150,900 23,200.00 Additional Information a. Beginning Retained Earnings - Unadjusted Less: Prior Period Adjustment - Correction of Depreciation (net of taxes) Adjusted Beginning Retained Earnings Add: Net Income Subtotal Less: Cash Dividends (4,000.00) Stock Dividends (4,650.00) Ending Retained Earnings (1,300.00) 21,900.00 11,500.00 33,400.00 8,650.00 24,750.00 b. Last year, depreciation expense was inadvertently understated in the amount of $1,800. The correction was made this year to Accumulated Depreciation and to Retained Earnings as a prior period adjustment. The company also received a related income tax refund of $500. c. Sixty shares of treasury stock (common) were reissued at $30 per share. d. Bonds payable with a face amount of $7,000 were issued for $7,750 on April 30, 2019. The bonds mature on April 30, 2021, and pay interest f. Land costing $2,900 was sold for $3,800. g. Three hundred shares of common stock were sold for $33 per share. h. Equipment costing $32,000 was purchased during the year. i. Land was acquired at a cost of $9,000 during the year. j. Depreciation expense was $6,000. k. Patent amortization was $400. 1. The company loaned money to one of its executives and received a $1,000 short-term note receivable on December 31, 2019. The note matures 90 days from the date of issuance. Required : Prepare in proper format the Statement of Cash Flow for the Davidson Company