Your answer is partially correct. Try again. The comparative balance sheets for Rothlisberger Company as of December 31 are presented below. ROTHLISBERGER COMPANY Comparative Balance Sheets December 31 Assets 2020 2019 $58,100 $49,600 Cash Accounts receivable 43,500 65,100 Inventory 152,000 144,500 Prepaid expenses 22,500 14,500 Land 101,600 134,000 Buildings 196,700 196,700 Accumulated depreciation-buildings (56,800) (32,600) 157,600 Equipment 231,700 Accumulated depreciation-equipment (44,300) (35,200) $697,000 $702,200 Total Liabilities and Stockholders' Equity Accounts payable $46,300 $39,300 Bonds payable 260,000 292,600 Common stock, $1 par 192,600 160,000 Retained earnings 198,100 210,300 $697,000 $702,200 Total Additional information: 1. Operating expenses include depreciation expense of $42,000 and charges from prepaid expenses of $8,000. 2. Land was sold for cash at book value. 3. Cash dividends of $57,600 were paid. 4. Net income for 2020 was $45,400. 5. Equipment was purchased for $95,600 cash. In addition, equipment costing $21,500 with a book value of $12,800 was sold for $5,100 cash. 6. Bonds were converted at face value by issuing 32,600 shares of $1 par value common stock. Prepare a statement of cash flows for the year ended December 31, 2020, using the indirect method. (Show amounts that decrease cash flow w e.g. -15,000 or in parenthesis e.g. (15,000).)