Below is the comparative balance sheet for Sheffield Corporation.

		Dec. 31, 2020			Dec. 31, 2019
Cash		$16,400			$21,100
Short-term investments		25,200			19,100
Accounts receivable		42,900			44,600
Allowance for doubtful accounts		(1,800	)		(2,000	)
Prepaid expenses		4,200			2,500
Inventory		81,300			65,700
Land		49,600			49,600
Buildings		126,200			72,800
Accumulated depreciationbuildings		(30,200	)		(23,300	)
Equipment		53,000			45,800
Accumulated depreciationequipment		(19,100	)		(15,600	)
Delivery equipment		39,200			39,200
Accumulated depreciationdelivery equipment		(22,200	)		(20,700	)
Patents		14,900			0
		$379,600			$298,800
Accounts payable		$26,300			$16,100
Short-term notes payable (trade)		4,000			6,100
Accrued payables		3,000			4,700
Mortgage payable		73,500			53,700
Bonds payable		49,700			62,900
Common stock		139,800			102,700
Paid-in capital in excess of par		10,100			4,000
Retained earnings		73,200			48,600
		$379,600			$298,800

Dividends in the amount of $15,000 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.)

SHEFFIELD CORPORATION WORKSHEET FOR PREPARATION OF STATEMENT OF CASH FLOWS For the Year Ended December 31, 2020
				2020 Reconciling Items
Debits		Balance at 12/31/19		Debit		Credit		Balance at 12/31/20
Cash		$21,100		$enter a debit amount		$enter a credit amount		$16,400
Short-term investments		19,100		enter a debit amount		enter a credit amount		25,200
Accounts receivable		44,600		enter a debit amount		enter a credit amount		42,900
Prepaid expenses		2,500		enter a debit amount		enter a credit amount		4,200
Inventory		65,700		enter a debit amount		enter a credit amount		81,300
Land		49,600		enter a debit amount		enter a credit amount		49,600
Buildings		72,800		enter a debit amount		enter a credit amount		126,200
Equipment		45,800		enter a debit amount		enter a credit amount		53,000
Equipment (Delivery)		39,200		enter a debit amount		enter a credit amount		39,200
Patents				enter a debit amount		enter a credit amount		14,900
Total debits		$360,400						$452,900
Credits
Accounts payable		$16,100		$enter a debit amount		$enter a credit amount		$26,300
Notes payable		6,100		enter a debit amount		enter a credit amount		4,000
Accrued liabilities		4,700		enter a debit amount		enter a credit amount		3,000
Allowance for doubtful accounts		2,000		enter a debit amount		enter a credit amount		1,800
Accumulated DepreciationBuilding		23,300		enter a debit amount		enter a credit amount		30,200
Accumulated DepreciationEquipment		15,600		enter a debit amount		enter a credit amount		19,100
Accumulated DepreciationDelivery Equipment		20,700		enter a debit amount		enter a credit amount		22,200
Mortgage payable		53,700		enter a debit amount		enter a credit amount		73,500
Bonds payable		62,900		enter a debit amount		enter a credit amount		49,700
Common stock		102,700		enter a debit amount		enter a credit amount		139,800
Paid-in capital in excess		4,000		enter a debit amount		enter a credit amount		10,100
Retained earnings		48,600		enter a debit amount		enter a credit amount		73,200
Total credits		$360,400						$452,900

then, prepare for the statement of cash flow effects