Windsor, Inc's comparative balance sheets are presented below. Additional information:

$1.$ Net income was $$23\mathrm{.}100.$ Dividends declared and paid were $$16,900.$

$2.$ No noncash investing and financing activities occurred during $2020.$

$3.$ The land was sold for cash of $$4,600.$

$($a$)$

Prepare a statement of cashflows for $2020$ using the indirect method. Most answers are already provided, just fill in the blanks.

For the year ended December $31,2020$

Cash Flows from Operating Activities

Net Income $-23,100$

Adjustment to reconcile net income to

Net Cash Provided by Operating Activities

Depreciation Expense: $4600$

$\_\_\_\_\_\_\_\_\_\_\_\_$:$\_\_\_\_\_\_\_\_\_\_\_$

Loss on Disposal of Plant assets:$\_\_\_\_\_\_\_\_\_\_\_\_\_\_$

Decrease in accounts payable: $-15,200$

$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$

Net cash provided by operating expenses: $\_\_\_\_\_\_\_\_\_\_\_\_$

Sale of land: $4600$

Cash Flows from Financing Activities

Issuance of Common Stock : $800$

Payment of dividends : $-16,900$

Net Cash Used by Financing Activity $--16,100$

Net Increase in Cash $-4,100$

Cash at Beginning of Period $-10,800$

Cash at the end of period $-14,900$