The following is a condensed version of the comparative balance sheets for Ivanhoe Corporation for the last two years at December 31 2020 2019 Cash $ 247.800 $ 109.200 252,000 259.000 72,800 103.600 417,200 336.000 Accounts receivable Investments Equipment Accumulated Depreciation-Equipment Current liabilities Common stock Retained earnings (148.400) (124.600) 187,600 211,400 224,000 224.000 247.800 429,800 Additional information: Investments were sold at a loss of $14.000; no equipment was sold; cash dividends paid were $42,000; and net income was $224.000. Prepare a statement of cash flows for 2020 for Ivanhoe Corporation(Show amounts that decrease cash flow with either a - signeg. -15,000 or in parenthesis eg. (15,000).) IVANHOE CORPORATION Statement of Cash Flows For the Year Ended December 31, 2020 Cash Flows from Operating Activities Net Income 224,000 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense $ 23.800 Loss on Sale of Investments 14.000 Decrease in Accounts Receivable 7,000 Decrease in Current Liabilitles (23,800) 21.000 Net Cash Provided by Operating Activities 245,000 Cash Flows from Investing Activities Sale of Investments 16,800 Purchase of Equipment (81.200) Net Cash Used by Invesiing Actlvitles (64,400) Cash Flows from Financing Activitles Payment of Cash Dividends (42,000) Net Increase in Cash 138,600 Cash at Beginning of Year 109,200 Cash at End of Year