COMPARATIVE BALANCE SHEETS Cash Accounts receivable Inventory Property, plant, and equipment Accumulated depreciation Investment in Myers Co. Loan receivable Total assets 2020 $815,800 1,130,300 1,855,300 3,299,700 (1.175,500) 310,800 249.100 $6,485,500 2019 $705,800 1.166,700 1,726,900 2.983,700 (1.031.700 272,900 Increase ( (Decrease) $110.000 (36,400) 128.400 316,000 (143,800) 37.900 249.100 5661.200 $5,824,300 $946,600 50,400 99,200 559.000 120.700) [18.900) 376,400 Accounts payable Income taxes payable Dividends payable Lease liability Common stock. $1 par Paid-in capital in excess of par-common stock Retained earnings Total liabilities and stockholders equity $1,005,600 29,700 80,300 376,400 500,000 1,487,600 3,005,900 $6,485,500 500.000 1.487,600 2.740,500 $5,824,300 265.400 5661,200 2. Additional information 1. On December 31, 2019. Nash acquired 25% of Myers Co's common stock for $272.900. On that date, the carrying value of Myers's assets and liabilities, which approximated their fair values, was $1,091,600. Myers reported income of $151,600 for the year ended December 31, 2020. No dividend was paid on Myers's common stock during the year. During 2020. Nash loaned $276.200 to TLC Co. an unrelated company. TLC made the first semiannual principal repayment of $27.100. plus interest at 10%, on December 31, 2020 3. On January 2 2020. Nash sold equipment costing $60.400. with a carrying amount of $37.600, for $39,800 cash On December 31, 2020. Nash entered into a capital lease for an office building. The present value of the annual rental payments is $376,400.which equals the fair value of the building. Nash made the first rental payment of $59.900 when due on January 2 2021 Net Income for 2020 was $345.700 Nash declared and paid the following cash dividends for 2020 and 2019, 5. 6. Declared Pald 2020 December 15, 2020 February 28, 2021 $80,300 2019 December 15, 2019 February 28, 2020 $99.200 Amount Prepare a statement of cash flows for Nash Corp. for the year ended December 31, 2020, using the Indirect method. (Show amounts that decrease cash flow with either a synes -15,000 or in parenthesis es (15,0001)