VAUGHN COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2020 AND 2019 \begin{tabular}{lrr} Accounts payable & $1,200 & $920 \\ Accrued liabilities & 190 & 230 \\ Bonds payable & 1,430 & 1,530 \\ Common stock & 1,930 & 1,710 \\ Retained earnings & 2,410 & 1,850 \\ & $7,160 & $6,240 \\ \hline \end{tabular} FOR THE YEAR ENDED DECEMBER 31,2020 Sales revenue $6,840 Cost of goods sold Gross margin 2,2104,630 \begin{tabular}{ll} Selling and administrative expenses & 930 \\ \cline { 2 } Income from operations & 1,280 \end{tabular} Other revenues and gains \begin{tabular}{lr} Gain on sale of investments & 90 \\ \cline { 2 } Income before tax & 1,370 \\ Income tax expense & 550 \\ \hline Net income & 820 \\ Cash dividends & 260 \\ \hline Income retained in business & $560 \end{tabular} During the year, $60 of common stock was issued in exchange for plant assets. No plant assets were sold in 2020. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign eg. 15 parenthesiseg. (15,000)