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2. During 2020 , Wildhorse loaned $323,600 to TLC Co, an unrelated company, TLC made the frst semiannal principal repayment of $74,800, plus interest at

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2. During 2020 , Wildhorse loaned $323,600 to TLC Co, an unrelated company, TLC made the frst semiannal principal repayment of $74,800, plus interest at 1046, on December 31,2020. 3. On January 2, 2020, Wildhorse sold equipment costing $59,700, with a carrying amount of $37,700, for $39,200Ca, 4. On December 31, 2020, Wildhorse entered into capital lease for an office building. The present value of the arinual rental payments is $423,200, which equals the fair value of the building. Wildhorse made the first rental payment of $60,000 when due on January 2,2021. 5. Net income for 2020 was $374,200. 6. Wildhorse declared and paid the following cash dividends for 2020 and 2019. Prepare a statement of cash flows for Wildtiorse Corp. for the year ended December 31,2020 , using the indirect methad. (Showv anotmis that decrease cash flow with elther a-stgn eg. - 15,000 or in parentheils eg (15,000) The following are Wildhorse Corp's comparative balance sheet accounts at December 31,2020 and 2019 , with a column showing the increase (decrease) from 2019 to 2020. Additional information: 1. On December 31,2019 , Wildhorseacquired 25% of Myers Co's common stock for $277,400. On that date, the carrying value of Myers's assets and liabilities, which approximated their fair values, was $1,109,600. Myers reported income of $120,000 for the year ended December 31, 2020. No dividend was paid on Myers's common stock during the year

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