Financial statement information from the balance sheet and a list of additional data is provided below for Walnut Creek Saddlery and Western Wear. December 31 2019 2020 Cash $42,000 $60,000 Accounts receivable (net). 25,400 32,200 Inventory 105,700 87,920 Land 45,000 Equipment 103,000 85,600 Accumulated depreciation. (41,600) (40,200) TOTAL $279,500 $225,520 Accounts payable. $16,560 $11,810 Notes payable - long-term. 70,000 10,000 Common stock 90,000 150,000 Retained earnings TOTAL 102,940 53,710 $279.500 $225,520 Additional data for 2020: 1. The company reported a net loss of $46,730. 2. Land was sold for a profit of $50,700. 3. Dividends of $2,500 were declared and paid. 4. Equipment costing $17,400 with accumulated depreciation of $11,400 was sold for $2,500 cash. 5. The long-term note was paid down with funds from selling additional common stock. Instructions: Prepare a statement of cash flows for the year ending December 31, 2020. Be sure to prepare the statement with proper format and correct heading and date