Current Attempt in Progress A comparative balance sheet for Vasighn Corporation is presented below: 1. Net loss for 2020 is $25,750. 2. Cash dividends of $16,300 were declared and paid in 2020 . 3. Land was sold for cashat a loss of $6,300. This was the only land transaction during the year. 4. Equipment witha cost of $19,600 and accumulated depreciation of $12,300 was sold for $7,300 cash. 5. $24,300 of bonds were retired during the year at carrying (book) value, 6. Equipment was acquired for common stock. The fair value of the stock at the time of the exchange was $29,800. Prepare a statement of cash flows for the year ended 2020 , using the indirect method. (5how amounts that decrese cash flow with ellf a - sign eg. 15.000 or in parenthesis eg. (15.0001) VAUGHN CORPORATION Statement of Cash Flows 5 Adrustrivents to reconcile net income to Current Attempt in Progress A comparative balance sheet for Vasighn Corporation is presented below: 1. Net loss for 2020 is $25,750. 2. Cash dividends of $16,300 were declared and paid in 2020 . 3. Land was sold for cashat a loss of $6,300. This was the only land transaction during the year. 4. Equipment witha cost of $19,600 and accumulated depreciation of $12,300 was sold for $7,300 cash. 5. $24,300 of bonds were retired during the year at carrying (book) value, 6. Equipment was acquired for common stock. The fair value of the stock at the time of the exchange was $29,800. Prepare a statement of cash flows for the year ended 2020 , using the indirect method. (5how amounts that decrese cash flow with ellf a - sign eg. 15.000 or in parenthesis eg. (15.0001) VAUGHN CORPORATION Statement of Cash Flows 5 Adrustrivents to reconcile net income to