Question: Solve the following problems by providing what is asked for each one. Problem 3 The comparative balance sheets for Hamilton Inc. appear below: Comparative Balance

Solve the following problems by providing what is asked for each one.
Problem 3
The comparative balance sheets for Hamilton Inc. appear below:
Comparative Balance Sheet
Additional information:
1. Net income for the year ending December 31, 2020 were $27,000.
2. Cash dividends of $13,000 were declared and paid during the year ended December 31 2020.
3. Long-term investments that had a carrying amount of $23,000 were sold for $18,000 in 2020.
Prepare only the cash flow from operating activities for the year ended Dec 31, 2020 using the indirect method.

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