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The following are Martinez Corpis comparative balance sheet accounts at December 31,2020 and 2019, with a column showing the increase (decrease) from 2019 to 2020

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The following are Martinez Corpis comparative balance sheet accounts at December 31,2020 and 2019, with a column showing the increase (decrease) from 2019 to 2020 . 1. On December 31, 2019, Martinez acquired 25% of Myers Co's common stock for $273,100. On that date, the carrying value of Myers's issets and liabilities, which approximated their fair values, was $1,092,400. Myers reported income of $148,400 for the year ended December 31, 2020. No dividend was paid on Myers's common stock during the year. 2. During 2020. Martinez loaned $302,100 to TLC Co, an unrelated company. TLC made the first semiannual principal repayment of $50,700, plus interest at 10%, on December 31,2020 . 3. On January 2, 2020, Martinez sold equipment costing $60,400, with a carrying amount of $38,000, for $40,100 cash. 4. On December 31, 2020, Martinez entered into a capital lease for an office building. The present value of the annual rental payments is $402,600, which equals the fair value of the buiding. Martinez made the first rental payment of $60,600 when due on January 2,2021 5. Net income for 2020 was $424,000. 6. Martinez declared and paid the following cash dividends for 2020 and 2019 . Prepare a statement of cash flows for Martinez Corp. for the year ended December 31,2020 , using the indirect method. (Show

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