Assets Cash Accounts Receivable Inventory and supplies Investments Machines Accumulated depreciation- Machines Total Assets Dec. 31, 2020 $312,000 104,000 60,000 0 228,000 (56,000) Dec. 31, 2019 $52,000 96,000 116,000 72,000 208,000 (40,000) $648,000 $504,000 Liabilities & Stockholders' Equity Note payable 148,000 108,000 Bonds payable (long-term) 148,000 188,000 Common Stock 160,000 88,000 Retained Earnings 192,000 120,000 Total Liabilities & Stockholders' $648,000 $504,000 Equity Income Statement & Additional information: 1. Net income for the current year ending December 31, 2020 is $116,000 2. Sold investments for cash, cost $72,000 and resulting in $12,000 gain 3. The only changes affecting retained earnings are net income and cash dividends paid 4. All the following transactions are in cash Purchased new machines, repay bonds payable, and issuance common stock Required: Prepare the full statement of cash flows using indirect method for the year ended December 31, 2020