A comparative balance sheet for Swifty Company appears below: Additional information: 1. Net income for the year ending December 31,2020 was $42,500. 2. Cash dividends of $22,500 were declared and paid during the year. 3. Long-term investments that had a cost of $32,000 were sold for $21,500. 4. Sales for 2020 were $127,500. SWIFTY COMPANY Statement of Cash Flows December 31, 2020 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Depreciation Expense $ Increase in Accounts Receivable Increase in Inventories Increase in Prepaid Expenses