Part A - Indirect Method 22 The following information is taken from Green Lake Corporation's financial statements. Green Lake adheres to ASPE: December 31 2020 Cash $92,000 2019 $27,000 Accounts receivable 95,000 80,000 Allowance for doubtful accounts -4,500 -3,100 Inventory 145,000 175,000 Prepaid expenses 7,500 6,800 Land 93,000 60,000 Buildings 287,000 244,000 Accumulated depreciation -35,000 -13,000 Patents, net of accumulated amortization 20,000 35,000 Total Assets $700,000 $611.700 Accounts payable $90,000 $84,000 Accrued liabilities 54,000 63,000 Bonds payable Common shares Retained earnings Treasury shares, at cost Total Liabilities & Shareholders' Equity For 2020 Year $53,300 125,000 60,000 100,000 100,000 346,000 312,700 -15,000 -8,000 $700,000 $611,700 Net income Depreciation expense Amortization of patents Cash dividends declared and paid Gain or loss on disposal of patents 22,000 7,000 20,000 none Instructions Prepare a statement of cash flows (indirect method) for Green Lake Corporation for calendar 2020.