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2- A comparative balance sheet for ABS Companv avoears below: 1. Net income for the year ending December 31,2020 was $70 , 000 . 2. Long-term investments was sold for cash at a loss of $6 , 000 . Instructions Prepare a statement of cash flows for the year ended December 31, 2020, using the indirect method. .

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2- A comparative balance sheet for ABS Companv avoears below: 1. Net income for the year ending December 31,2020 was $70 , 000 . 2. Long-term investments was sold for cash at a loss of $6 , 000 . Instructions Prepare a statement of cash flows for the year ended December 31, 2020, using the indirect method.

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