The financial statements for Andrew Corp. for the year ended December 31, 2020, are as follows: (Click the icon to view the comparative balance sheet.) (Click the icon to view the additional data.) (Click the icon to view the income statement.) Required 1. Prepare a cash flow statement for Andrew Comp. for the year ended December 31,2020 , using the indirect method. The investment in the money market fund is a cash equivalent. 2. Did the company improve its cash position in 2020? Give your reasons. Requirement 1. Prepare a cash flow statement tor Andrew Corp. for the year ended Decomber 31, 2020, using the indirect mothod. The investhent in the money market fund is a cash equivalent. (Use parentheses or a minus sign for numbers to be subtracted or for negative cash flows.) The financial statements for Andrew Corp. for the year ended December 31,2020 , are as follows: (Click the icon to view the comparative balance sheet.) (Click the icon to view the income statement) (Click the icon to view the additional data.) Required 1. Prepare a cash flow statement for Andrew Corp, for the year ended December 31,2020 , using the indirect method. The investment in the money market fund is a cash equivalent. 2. Did the company improve its cash posation in 2020 ? Give your reasons. Comparative balance sheet Comparative balance sheet Comparative balance sheet Income statement Income statement Additional data Additional information: a. The administrative expenses included: Amortization expense on equipment, $112,000. Writedown of goodwill, $8,000. b. Sold equipment for its book value. The equipment cost $473,000 and had been amortized for $78,000. c. Purchased additional equipment in December for $588,000. d. Issued preferred shares for an investment purchase of $190,000. e. Declared and paid cash dividends: preferred, $238,000; common, $229,750. f. Sold 20,000 preferred shares for $5.00 per share. g. Paid $111,000 (of which $41,000 was interest) on the loans