"the comparative balance sheets of skysong inc. at the beginning and the end of the year 2020 are as follows. skysong inc. balance sheetsdec. 31, 2020jan. 1, 2020inc./dec. assetscash$ 47,080 $ 15,080 $32,000 inc. accounts receivable 95,260 90,180 5,080 inc. equipment43,260 24,180 19,080 inc. less: accumulated depreciation-equipment21,260 11,000 10,260 inc. total$164,340 $118,440liabilities and stockholders’ equity accounts payable$ 24,260 $ 17,180 7,080 inc. common stock102,080 82,180 19,900 inc. retained earnings38,000 19,080 18,920 inc. total$164,340 $118,440net income of $48,260 was reported, and dividends of $29,340 were paid in 2020. new equipment was purchased and none was sold.".prepare a statement of cash flows for the year 2017. (show amounts that decrease cash flow with either a - sign e. g. -15,000 or in parenthesis e. g. (15,