Using the following Balance Sheet and additional information, prepare a Statement of Cash Flows for Charlie Company for 2018 on the following page: (30 points): CHARLIE COMPANY Comparative Balance Sheet Dec 31, 2018 Dec 31, 2017 Assets Cash $ 28,000 Accounts receivable 18,000 Prepaid expenses 7,000 Inventory 25,000 Long-term investments -0- Equipment 60,000 Accumulated depreciation equipment (18.000 Total assets $120,000 1 Liabilities and Stockholders' Equity $13,000 14,000 9,000 15,000 18,000 30,000 (14,000 585,000 Accounts payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 25,000 37,000 40,000 18.000 $120,000 $ 7,000 45,000 23,000 10 000 $85,000 Additional information: 1. Net income for the year ending December 31, 2018, was $20,000 2. Cash dividends of S12,000 were declared and paid during the year. 3. Long-term investments that had a book value of $18,000 were sold for $13,000 resulting in a $5,000 loss on disposal