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Current Attempt in Progress The following are Splish Corp.s comparative balance sheet accounts at December 31,2020 and 2019 , with a column showing the increase

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Current Attempt in Progress The following are Splish Corp.s comparative balance sheet accounts at December 31,2020 and 2019 , with a column showing the increase (decrease) from 2019 to 2020. Additional information: 1. On December 31,2019, Splish acquired 25% of Myers Co.'s common stock for $274,400. On that date, the carrying value of Myers's assets and liabilities, which approximated their fair values, was $1,097,600. Myers reported income of $134,400 for the year ended December 31,2020. No dividend was paid on Myers's common stock during the year. 2 During 2020, Splish loaned $320,800 to TLC Co., an unrelated company. TLC made the first semiannual principal repayment of $70,400, plus interest at 10%, on December 31,2020. 3. On January 2, 2020, Splish sold equipment costing $60,600, with a carrying amount of $38,300, for $40,100 cash. 4. On December 31, 2020, Splish entered into a capital lease for an office building. The present value of the annual rental payments is $421,500, which equals the fair value of the building. Splish made the first rental payment of $60,100 when due on January 2, 2021. 5. Net income for 2020 was $367,200. 6. Splish declared and paid the following cash dividends for 2020 and 2019. Prepare a statement of cash flows for Splish Corp. for the year ended December 31, 2020, using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000). Aatuinemb bo soporie and invator sy 5

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