The Extra Surplus Company's Balance Sheet for December 31, 2020 and the Income Statement for 2021 are shown below. Additional data: - Sales were $13,000;$8,000 in cash was recelved from customers. - Bought new land for cash, $10,000. - Sold other land for its book value of $5,000. - Pald $1,000 principal on the long-term note payable and $1,000 in Interest. - Issued new shares of stock for $10,000 cash. - Cash dividends of $1,000 were declared and pald to stockholders. - Pald $5,500 on accounts payable. - No Inventory purchases were made; other expenses were Incurred on account. - All wages were paid in cash. - Other expenses were on account. Requlred: a. Prepare a comparatlve balance sheet at December 31, for 2021 and 2020. Include the change from 2020 to 2021. b. Prepare the statement of cash flows using the direct method