The following are Carla Corp.'s comparative balance sheet accounts at December 31, 2020 and 2019, with a column showing the increase (decrease) from 2019 to 2020. COMPARATIVE BALANCE SHEETS Increase 2020 2019 (Decrease) Cash $818,200 $696,600 $121,600 Accounts receivable 1,132,100 1,177,800 (45,700 ) Inventory 1,841,000 1,713,900 127,100 Property, plant, and equipment 3,334,900 2,970,400 364,500 Accumulated depreciation (1,157,500) (1,030,100) (127,400) Investment in Myers Co. 308,600 273,500 35,100 Loan receivable 249,300 249,300 Total assets $6,526,600 $5,802,100 $724,500 $949,700 50,300 99,900 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 $1,007,200 30,200 80,000 424,100 500,000 1,491,400 2,993.700 $6,526,600 $57,500 (20,100 ) (19,900 ) 424,100 500,000 1,491,400 2,710,800 $5,802,100 282,900 $724,500 Additional information: 1. On December 31, 2019, Carla acquired 25% of Myers Co.'s common stock for $273,500. On that date, the carrying value of Myers's assets and liabilities, which approximated their fair values, was $1,094,000. Myers reported income of $140.400 for the year ended December 31, 2020. No dividend was paid on Mvers's common stock during the Additional information: 1. On December 31, 2019, Carla acquired 25% of Myers Co's common stock for $273,500. On that date, the carrying value of Myers's assets and liabilities, which approximated their fair values, was $1,094,000. Myers reported income of $140,400 for the year ended December 31, 2020. No dividend was paid on Myers's common stock during the year. 2. During 2020, Carla loaned $324,900 to TLC Co., an unrelated company. TLC made the first semiannual principal repayment of $75,600, plus interest at 10%, on December 31, 2020. 3. On January 2, 2020, Carla sold equipment costing $59,600, with a carrying amount of $38,200, for $39,600 cash. 4. On December 31, 2020, Carla entered into a capital lease for an office building. The present value of the annual rental payments is $424,100, which equals the fair value of the building. Carla made the first rental payment of $60,600 when due on January 2, 2021. 5. Net income for 2020 was $362,900. 6. Carla declared and paid the following cash dividends for 2020 and 2019. 2020 2019 Declared December 15, 2020 December 15, 2019 Paid February 28, 2021 February 28, 2020 Amount $80,000 $99,900 Prepare a statement of cash flows for Carla Corp. for the year ended December 31, 2020, using the indirect method (Show amounts that decrease cash flow with either a sign e.). 15,000 or in parenthesis e.g. (15,000).) CARLA CORP. Statement of Cash Flows Adjustments to reconcile net income to CARLA CORP. Statement of Cash Flows Adjustments to reconcile net income to A v A Clu