The following is an extraction of comparative balance sheet of Caibrex Corporation as at December 31, 2020 and 2019: Cash and cash equivalents Accounts receivable Inventories Accounts payable December 31 2020 2019 $ 320,000 $ 200,000 87,300 156,000 127,000 83,500 40,500 68,100 Additional information: (a) Net income for 2020 was $150,000. (b) Depreciation expenses reported on income statement for the year ended 31 December 2020 was $12,000. (d) New equipment purchased during the year 2020 was $84,000. Bonds of $120,000 were retired at their face value. () Issuance of ordinary share during the year 2020 was $105,000. (9) Cash dividends declared and paid for 2020 was $18,600. (h) An equipment that cost $195,000 with carrying value of $78,000 was sold for $63,000. Prepare a statement of cash flows for Caibrex Corporation for the year ended 31 December 2020, using the indirect method