Below is the comparative balance sheet for Whispering Corporation. Dec. 31, 2020 Dec. 31, 2019 Cash $16,500 $20,800 Short-term investments 24,800 18,900 Accounts receivable 43,000 45,100 Allowance for doubtful accounts (1,800) (1,900) Prepaid expenses 4,100 2,600 Inventory 81,600 64,800 Land 49,600 49,600 Buildings 124,700 73,700 Accumulated depreciation-buildings (30,300) (22,800) Equipment 52,800 46,400 Accumulated depreciation-equipment (19,100) (15,400) Delivery equipment 38,700 38,700 Accumulated depreciation-delivery equipment (22,200) (20,700) Patents 15,000 -0- $377,400 $299,800 Accounts payable $25,800 $16,000 Short-term notes payable (trade) 4,100 5,900 Accrued payables 3,000 4,700 Mortgage payable 72,200 53,100 Bonds payable 49,600 62,400 Common stock 140,800 102,600 Paid-in capital in excess of par 9,900 4,100 Retained earnings 72,000 51,000 $377,400 $299,800 Dividends in the amount of $14,900 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.) WHISPERING 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 $20,800 $ $16,500 Short-term investments 18,900 24,800 Accounts receivable 45,100 43,000 Prepaid expenses 2,600 4,100 Inventory 64,800 81,600 Land 49,600 49,600 Buildings 73,700 124,700 Equipment 46,400 52,800 Equipment (Delivery) 38,700 38,700 Patents 15,000 Total debits $360,600 $450,800 Credits Accounts payable $16,000 $ $25,800 Notes payable 5,900 4,100 Accrued liabilities 4,700 3,000 Allowance for doubtful accounts 1,900 1,800 Accumulated Depreciation-Building 22,800 30,300 Accumulated Depreciation-Equipment 15,400 19,100 Accumulated Depreciation-Delivery Equipment 20,700 22,200 Mortgage payable 53,100 72,200 Bonds payable 62,400 49,600 Common stock 102,600 140,800 Paid-in capital in excess 4,100 9,900 Retained earnings 51,000 72,000 Total credits $360,600 $450,800 Whispering Corporation Statement of Cash Flows Effects Totals Totals