Below is the comparative balance sheet for Windsor Corporation. Dec 31, 2020 Dec. 31, 2019 Cash $16,500 $21,000 Short-term investments 25,200 18,900 Accounts receivable 43,000 45,400 Allowance for doubtful accounts (1,700) (2,100) Prepaid expenses 4,200 2,500 Inventory 82,100 64,800 Land 50,200 50,200 Buildings 125,200 73,800 Accumulated depreciation-buildings (30,200) (22,700) Equipment 52,800 46,300 Accumulated depreciation-equipment (18,900) (15,500) Delivery equipment 39,300 39,300 Accumulated depreciation-delivery equipment (21,700) (20,700) Patents 15,100 -0- $301,200 $381,100 Accounts payable $25,800 $15,800 Short-term notes payable (trade) 4,000 5,900 3,000 4,700 Accrued payables Mortgage payable 73,400 53,900 Bonds payable 49,600 62,700 Common stock 102,100 139,800 10,100 Paid-in capital in excess of par 4,000 Retained earnings 75,400 $381,100 52,100 $301,200 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.) WINDSOR 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 $ $16,500 Short-term investments 18,900 25,200 Accounts receivable 45,400 43,000 Prepaid expenses 2,500 4,200 Inventory 64,800 82,100 Land 50,200 50,200 Buildings 73,800 125,200 Equipment 46,300 52,800 Equipment (Delivery) 39,300 39,300 Patents 15,100 Total debits $362,200 $453,600 Credits Credits Accounts payable $15,800 $ $25,800 Notes payable 5,900 4,000 Accrued liabilities 4,700 3,000 Allowance for doubtful accounts 2,100 1,700 Accumulated Depreciation-Building 22,700 30,200 Accumulated Depreciation-Equipment 15,500 18,900 Accumulated Depreciation-Delivery Equipment 20,700 21,700 Mortgage payable 53,900 73,400 Bonds payable 62,700 49,600 Common stock 102,100 139,800 Paid-in capital in excess 4,000 Retained earnings 52,100 10,100 75,400 $453,600 Total credits $362,200 Windsor Corporation Statement of Cash Flows Effects Totals Totals