The following information was obtained from the Donald Inc. for the year ending 31 December 2020. Credit purchases during 2020 $327,000 Accounts Payable for inventog at 1 Jan 2020 150, 000 Accounts Payable for inventory at 31 Dec 2020 95, 000 20 000 shares issued at $9.90 per share Equipment purchased 16 8,000 Interest expense in income statement 16,000 Accrued Interest expense increased during 2020 4,300 Credit sales during 2020 2,200,000 Accounts receivable balance at 1 January 2020 255, 000 Accounts receivable balance at 31 December 2020 300, 000 Taxes paid $24,240 Borrowing increased during 2020 120,000 Collections of loans made 37,000 Interest revenue in income statement for 2020 16,200 Accrued interest revenue decreased during the year 2020 1,800 Book value of equipment sold 44,000 Gain on sale of equipment 10,000 Dividends paid 36,700 Loans given to borrowers increase during 2020 19,000 Cash on hand on 1 January 2020 199,100 Prepare a statement of cash ows for the year ended 31 December 2020