blackboard.com - + 70% Newman Corporation's comparative balance sheets are presented below. Newman Corporation Comparative Balance Sheet December 31 Cash Accounts receivable Investments (long-term) Equipment Accumulated depreciation Total Assets 2020 $15.200 25,200 20.000 60.000 (14.000 $106.400 2019 $17,700 22.300 16.000 70,000 (10.000) $116,000 Liabilities & Stockholder Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnis Total Liabilities & Stockholder Equity $14.600 10,000 50.000 31,800 $106,400 $11.100 30.000 45.000 29.900 N $116.000 Additional informatica 1 Net income was $18,300. Dividends declared and paid were $16,400. 2. Equipment which cost $10,000 and had accumulated depreciation of $1,200 was sold for $3.300 3. All other changes in moncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation Tastruction Prepare a statement of cash flows for 2020 using the indirect method