Use the following income statement and balance sheet information to put together a statement of cash flows. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) 2020 Sales $1,245,000 Cost of goods sold $687,000 $558,000 Gross profit Gen'l & admin expense $158,000 Selling & mkt expense $135,000 Depreciation $25,000 Operating income $240,000 Interest $141,000 Income before taxes $99,000 Income taxes (27%) $26,730 Income taxes (27%) $26,730 Net income $72,270 Dividends paid $25,000 Assets 2020 2019 Cash $25,000 $10,030 Accounts receivable $123,000 $112,000 Inventory $ 201,000 $220,000 Total current assets $349,000 $342.030 Gross plant and equipment $700,000 $475,000 Less: accum. depreciation $313,000 $288,000 Net plant and equipment $387,000 $187,000 Total assets $736,000 $529,030 Liabilities $119,000 $105,000 Accounts payable Notes payable $28,000 $28,000 Total current liabilities $147,000 $133,000 Long-term debt $246,000 $151,000 Total liabilities $393,000 $284,000 Common stock ($0.01 par) $4,500 $4,000 Paid-in capital $220,500 $170,300 Retained earnings $118,000 $70,730 Total stockholders' equity $343,000 $245,030 Total liabilities and equity $736,000 $529,030 Statement of Cash Flows 2020 Operating Activities Net Income/Loss 72,270 Depreciation (25,000) Increase in Accounts Receivable >