Urgent

Q.2. You are given the comparative balance sheet of Smart co. Smart Co. Comparative balance sheets December 31 Assets 2020(Tk.) Cash 63,000 Account Receivable 75,000 Inventory 180,000 Land 75,000 Equipment 270,000 Accumulated Depreciation-Equipment (66,000) Total 597,000 Liabilities and Stockholders' Equity Accounts payable 39,000 Bonds payable 100,000 Common stock (tk. 10 par) 266,000 Retained earnings 192,000 Total 597.000 Additional data: 1. Net income for 2020 was Tk. 93,000. 2. Cash dividends of Tk.35, 000 were declared and paid. 3. Bonds payable amounting to Tk.100,000 was redeemed for cash Tk.100,000. 4. Common stock was issued for Tk.92, 000 cash. 5. No equipment was sold during 2020, but land was sold at cost. 2019(Tk.) 22,000 76,000 189,000 100,000 200,000 (32,000) 555,000 47,000 200,000 174,000 134,000 555.000 Prepare a statement of cash flows for the year 2020 by indirect method 10