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This information is for Sunland Company for the year ended December 31, 2020 Cash received from revenues from customers $ 638,000 Cash received for issuance

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This information is for Sunland Company for the year ended December 31, 2020 Cash received from revenues from customers $ 638,000 Cash received for issuance of common stock 290,000 Cash paid for new equipment 185,000 Cash dividends paid 18,000 Cash paid for expenses 411,000 Cash balance 1/1/20 30,000 Prepare the 2020 statement of cash flows for Sunland Company. (Show amounts that decrease cash flow with either a sign e.g. -15,000 or in parenthesis e.g. (15,000).) Sunland Company Statement of Cash Flows For the Year Ended December 31, 2020

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