Practice Exercise 2 Dec 31 2020 Dec 31 2015 Debits: Cash Accounts receivable Buildings Equipment $160.000 49.000 212.500 333.000 5756.700 $38.400 123.00 57.900 333200 Credits: Accumulated depreciation Equip Accounts payable Bonds payable Common stock Retained earnings $94.000 65.200 50,000 175.000 371 500 $2.000 100 000 92.400 175.000 138.500 177.000 Revenues Operating Expenses Operating income Income taxes Net income 15.000 $250.000 Required: prepare a statement of cash flows for the year ended December 31, 2020 using the direct method for the operating activities section Also prepare a reconciliation of net income to net cash low from operating actity Chedere con provided by operating activity, 339.400