Exercise 185 a-b Planner Corporation's comparative balance sheets are presented below. PLANNER CORPORATION Comparative Balance Sheets December 31 2020 2019 Cash $21,570 $10,700 Accounts receivable 18,200 23,400 Land 18,000 26,000 Building 70,000 70,000 Accumulated depreciation (15,000) (10,000) Total $112,770 $120,100 Accounts payable $12,370 $31,100 Common stock 75,000 69,000 Retained earnings 25,400 20,000 Total $112,770 $210,100 Additional information: 1. Net income was $27,900. Dividends declared and paid were $22,500. 2. All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation. The land was sold for $5,900. Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow PLANNER CORPORATION Statement of Cash Flows For the Year Ended December 31, 2020 Adjustments to reconcile net income to Compute free cash flow. Free Cash Flow +