Here are comparative balance sheets for Sheffield Company. Prepare a statement of cash flows-indirect method. Additional information: 1. Net income for 2020 was $87,000. 2. Cash dividends of $30,000 were declared and paid. 3. Bonds payable amounting to $58,000 were redeemed for cash $58,000. 4. Common stock was issued for $42,000 cash. 5. Equipment that cost $45,000 and had a book value of $27,000 was sold for $33,000 during 2020 ; land was sold at cost. Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a sign e.g. 15,000 or in parenthesis e.g. (15,000).) Net Cash Provided by Operating Activities Purchase of Equipment Sale of Land Net Cash Provided by Investing Activities Cash Flows from Financing Activities Payment of Cash Dividends Redemption of Bonds Issuance of Common Stock Net Cash Used by Financing Activities Net Increase in Cash Cash at Beginning of Period Cash at End of Period SUPPORT