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Below is the comparative balance sheet for Larkspur Corporation. Dec. 31, 2020 Dec. 31, 2019 Cash $16,400 $21,100 Short-term investments 25,200 19,100 Accounts receivable 43,400

Below is the comparative balance sheet for Larkspur Corporation.

Dec. 31, 2020

Dec. 31, 2019

Cash

$16,400

$21,100

Short-term investments

25,200

19,100

Accounts receivable

43,400

45,100

Allowance for doubtful accounts

(1,900

)

(2,000

)

Prepaid expenses

4,300

2,400

Inventory

82,200

65,200

Land

50,100

50,100

Buildings

125,100

73,600

Accumulated depreciationbuildings

(29,700

)

(23,000

)

Equipment

52,600

45,900

Accumulated depreciationequipment

(19,100

)

(15,300

)

Delivery equipment

39,400

39,400

Accumulated depreciationdelivery equipment

(22,200

)

(20,700

)

Patents

14,900

0

$380,700

$300,900

Accounts payable

$26,000

$16,000

Short-term notes payable (trade)

4,000

5,900

Accrued payables

3,000

4,700

Mortgage payable

72,600

52,800

Bonds payable

50,200

61,900

Common stock

140,500

101,200

Paid-in capital in excess of par

10,000

4,100

Retained earnings

74,400

54,300

$380,700

$300,900

Dividends in the amount of $15,100 were declared and paid in 2020. From this information, prepare a worksheet for a statement of cash flows. Make reasonable assumptions as appropriate. The short-term investments are considered available-for-sale and no unrealized gains or losses have occurred on these securities.

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