View Policies Current Attempt in Progress The comparative balance sheets of Bonita Inc, at the beginning and the end of the year 2020 are as follows. BONITA INC. BALANCE SHEETS Dec 31, 2020 Jan 1, 2020 Inc./Dec. Assets Cash $ 47,720 $ 15,720 $32,000 Inc Accounts receivable 95,830 90.110 5.720 Inc Equipment 43,830 24.110 19,720 Inc Less: Accumulated Depreciation Equipment 21,830 11,000 10,830 Inc Total 5 165,550 $ 118,940 BONITA INC. Statement of Cash Flows Adjustments to reconcile net income to STAM Equipment 43,830 24.110 19.720 Inc Less: Accumulated Depreciation Equipment 21,830 11,000 10,830 ind Total $ 165,550 $ 118,940 $ 24,830 $ 17.110 7.720 Inc Liabilities and Stockholders Equity Accounts payable Common stock Retained earnings Total 102.720 82.110 20,610 Inc 38.000 19,720 18.280 Inc $ 165,550 $ 118,940 Net income of 48.830 was reported and dividends of $ 30,550 were paid in 2020. New equipment was purchased and none was sold Prepare a statement of cash flows for the year 2020. (Show amounts that decrease cash flow with either a signes -15,000 or in parentheses. (15.000 TESTAM