Below is the comparative balance sheet for Larkspur Corporation. Dec. 31, 2020 Dec. 31, 2019 Cash $16,700 $21,000 Short-term investments 24,900 19,100 Accounts receivable 42,500 45,000 Allowance for doubtful accounts (1,800) (2,100) Prepaid expenses 4,300 2,500 Inventory 81,800 65,500 Land 50,400 50,400 Buildings 124,200 73,600 Accumulated depreciation-buildings (29,900) (22,900) Equipment 52,700 45,700 Accumulated depreciation-equipment (18,900) (15,600 ) Delivery equipment 38,600 38,600 Accumulated depreciation-delivery equipment (21,900) Patents 15,000 (20,700) -0- $300,100 $378,600 Accounts payable $25,900 $15,900 Short-term notes payable (trade) 4,100 5,900 Accrued payables 3,000 4,700 Mortgage payable 73,200 52,800 Bonds payable 50,100 63,000 Common stock 141,100 101,600 Paid-in capital in excess of par 10,100 4,000 Retained earnings 71,100 52,200 $378,600 $300,100 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. (Enter amounts either in debit or in credit column in Statement of Cash Flows Effects except for totals.) LARKSPUR CORPORATION WORKSHEET FOR PREPARATION OF STATEMENT OF CASH FLOWS For the Year Ended December 31, 2020 2020 Reconciling Items Balance at 12/31/19 Balance at 12/31/20 Debits Debit Credit Cash $21,000 $ $16,700 Short-term investments 19,100 24,900 Accounts receivable 45,000 42,500 Prepaid expenses 2,500 4,300 Inventory 65,500 81,800 Land 50,400 50,400 Buildings 73,600 124,200 Equipment 45,700 52,700 Equipment (Delivery) 38,600 38,600 Patents 15,000 Total debits $361,400 $451,100 Credits Credits Accounts payable $15,900 $ $ $25,900 Notes payable 5,900 4,100 Accrued liabilities 4,700 3,000 Allowance for doubtful accounts 2,100 1,800 Accumulated Depreciation-Building 22,900 29,900 Accumulated Depreciation Equipment 15,600 18,900 Accumulated Depreciation-Delivery Equipment 20,700 21,900 Mortgage payable 52,800 73,200 Bonds payable 63,000 50,100 Common stock 101,600 141,100 Paid-in capital in excess 4,000 10,100 Retained earnings 52,200 71,100 Total credits $361,400 $451,100 Larkspur Corporation Statement of Cash Flows Effects Larkspur Corporation Statement of Cash Flows Effects Totals Totals