Statement of Cash Flows The following are several items involving Tejera Company's cash flow activities for 2019: Net income, $60,400 Receipt from issuance of common stock, $32,000 Payment for purchase of equipment, $41,500 Payment for purchase of land, $19,600 Depreciation expense, $20,500 Patent amortization expense, $1,200 Payment of dividends, $21,000 Decrease in salaries payable, $2,600 Increase in accounts receivable, $10,300 Beginning cash balance, $30,700 Required Prepare Tejera's statement of cash flows for 2019 using the indirect method. Use a minus sign for any negative amounts. Tejera Company Statement of Cash Flows For Year Ended December 31, 2019 Net Cash Flow From Operating Activities $ Adjustments for differences between income flows and cash flows from operating activities: Net cash provided by operating activities $ Cash Flows From Investing Activities $ Net cash used for investing activities Cash Flows From Financing Activities $ Net cash provided by financing activities $ $

                            Tejera Company

                      Statement of Cash Flows

                           December 31, 2019

Cash flows from operating activities:

Net income                                                                $60,400

Adjustments to net income                                        $8,800

Total cash flow from operating activities                 $69,200

Cash flow from investing activities:

Purchase of equipment                                            -$41,500

Purchase of land                                                       -$19,600

Total cash flow from investing activities                  -$61,100

Cash flow from financing activities:

Issuance of common stock                                      $32,000

Dividends paid                                                         -$21,000

Total cash flow from financing activities                  $11,000

Net increase in cash                                                    $19,100

Beginning cash balance 2019                                   $30,700

Ending cash balance 2019                                        $49,800