The information shown below is taken from the accounts of Wildhorse Corporation for the year ended December 31, 2020.
Net income $370,000
Amortization of patent 12,000
Proceeds from issuance of common stock 150,000
Decrease in inventory 27,000
Sale of building at a $14,000 gain 84,000
Decrease in accounts payable 12,000
Purchase of equipment 150,000
Payment of cash dividends 28,000
Depreciation expense 54,000
Decrease in accounts receivable 20,000
Payment of mortgage 71,000
Increase in short-term notes payable 8,000
Sale of land at a $7,000 loss 44,000
Purchase of delivery van 30,000
Cash at beginning of year 300,000
Prepare a statement of cash flows for Wildhorse Corporation for the year ended December 31, 2020.