Practice Exercise 02 a-b (Part Level Submission) Oriole Company's comparative balance sheets are presented below. Oriole Company Comparative Balance Sheets December 31 2020 2019 Cash $ 15,000 $ 10,000 Accounts receivable 21,300 23,400 Land 20,400 25,700 Buildings 70,100 70,100 Accumulated depreciation-buildings (15,000) (10,900) Total $111,800 $118,300 Accounts payable $ 12,400 $ 27,600 Common stock 74,000 73,400 Retained earnings 25,400 17,300 Total $111,800 $118,300 Additional information: 1. Net income was $23,100. Dividends declared and paid were $15,000. 2. No noncash investing and financing activities occurred during 2020. 3. The land was sold for cash of $5,000. n ni S *(a) 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).) Oriole Company Statement of Cash Flows Adjustments to reconcile net income to > S