The following information is available for Roadrunner Corporation for the year ended December 31, 2020. Use the template you downloaded for question 32 to prepare a statement of cash flows for the year ended December 31, 2020. When you are finished upload your answer.

Net income	$57,000		Payment of cash dividends	$17,000
Beginning cash balance	37,000		Amortization expense	4,500
Purchase of new investments for cash	42,000		Borrowed $17,500 by signing a note payable	17,500
Cash received from the sale of investments	19,500		Increase in accounts receivable	7,000
Issuance of common stock for cash	65,000		Decrease in supplies	6,000
Depreciation expense	37,500		Increase in accounts payable	2,000
Loss from the sale of investments	13,000		Decrease in salaries payable	4,000
Repayment of bonds	15,000