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The comparative balance sheets for Rothlisberger Company as of December 31 are presented below.

ROTHLISBERGER COMPANY Comparative Balance Sheets December 31
Assets		2020			2019
Cash		$57,000			$49,000
Accounts receivable		41,700			65,000
Inventory		150,400			146,100
Prepaid expenses		14,000			21,100
Land		101,900			135,800
Buildings		200,900			200,900
Accumulated depreciationbuildings		(57,700	)		(31,100	)
Equipment		230,700			157,200
Accumulated depreciationequipment		(42,200	)		(35,400	)
Total		$696,700			$708,600
Liabilities and Stockholders Equity
Accounts payable		$46,000			$39,300
Bonds payable		260,000			291,100
Common stock, $1 par		190,800			159,700
Retained earnings		199,900			218,500
Total		$696,700			$708,600

Additional information:

1.		Operating expenses include depreciation expense of $42,000 and charges from prepaid expenses of $7,100.
2.		Land was sold for cash at book value.
3.		Cash dividends of $64,300 were paid.
4.		Net income for 2020 was $45,700.
5.		Equipment was purchased for $95,000 cash. In addition, equipment costing $21,500 with a book value of $12,900 was sold for $6,700 cash.
6.		Bonds were converted at face value by issuing 31,100 shares of $1 par value common stock.

Prepare a statement of cash flows for the year ended December 31, 2020, using the indirect method.

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