Please help me solve the following and provide method used to find each answer.

Following is a statement of cash flows (indirect method) for Hartford Inc. for the year ended December 31, 2020. Also shown is a partially completed comparative balance sheet as of December 31, 2020 and 2019:

HARTFORD INC.
Statement of Cash Flows
For the year Ended December 31, 2020
Cash Flows from Operating Activities:
Net income	$	6,300
Add (deduct) items not affecting cash:
Depreciation expense		31,500
Decrease in accounts receivable		16,100
Increase in Inventory		(4,900	)
Increase in notes payable		8,400
Decrease in accounts payable		(4,200	)
Net cash provided by operating activities	$	53,200
Cash Flows from Investing Activities:
Purchase of equipment	$	(35,000	)
Purchase of buildings		(33,600	)
Net cash used by investing activities	$	(68,600	)
Cash Flows from Financing Activities:
Proceeds from short-term debt	$	3,500
Cash used for retirement of long-term debt		(17,500	)
Proceeds from issuance of common stock		7,000
Payment of cash dividends on common stock		(2,100	)
Net cash used by financing activities	$	(9,100	)
Net decrease in cash for the year	$	(24,500	)

Required:

1. Complete the December 31, 2020 and 2019 balance sheets.
2. Complete the statement of changes in retained earnings for the year ended December 31, 2020.

Complete the December 31, 2020 and 2019 balance sheets.

HARTFORD INC.
Comparative Balance Sheets
At December 31, 2020 and 2019
	2020	2019
Assets:
Current assets:
Cash		$61,600
Accounts receivable		51,100
Inventory	39,200
Total current assets
Land		28,000
Buildings and equipment	182,000
Less: Accumulated depreciation		(86,100)
Total land, buildings and equipment
Total assets
Liabilities:
Current liabilities:
Accounts payable		$20,300
Short-term debt	22,400
Notes payable		25,200
Total current liabilities
Long-term debt	$59,500
Stockholders' Equity:
Common stock	$28,000
Retained earnings
Total stockholders' equity
Total liabilities and stockholders' equity

Complete the statement of changes in retained earnings for the year ended December 31, 2020. (Amounts to be deducted should be indicated by a minus sign.)

HARTFORD INC.
Statement of Changes in Retained Earnings
For the Year Ended December 31, 2020
Retained earnings, January 1, 2020
Add: Net income for the year	6,300
Less: Cash dividends for the year	(2,100)
Retained earnings, December 31, 2020	$4,200