The following are Sweet Corp.'s comparative balance sheet accounts at December 31, 2020 and 2019, with a column showing the 1. On December 31,2019 , Sweet acquired 25% of Myers Co.'s common stock for $276,600. On that date, the carrying value of Myers's assets and liabilities, which approximated their fair values, was $1,106,400. Myers reported income of $129,600 for the year ended December 31, 2020. No dividend was paid on Myers's common stock during the year. 2. During 2020 , Sweet loaned $287,500 to TLC Co., an unrelated company. TLC made the first semiannual principal repayment of $35,800, plus interest at 10%, on December 31,2020 . 3. On January 2,2020 , Sweet sold equipment costing $59,700, with a carrying amount of $38,100, for $39,600 cash. 4. On December 31,2020, Sweet entered into a capital lease for an office building. The present value of the annual rental payments is $386,800, which equals the fair value of the building. Sweet made the first rental payment of $60,400 when due on January 2, 2021. 5. Net income for 2020 was $355,800. 6. Sweet declared and paid the following cash dividends for 2020 and 2019. Prepare a statement of cash flows for Sweet 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). SWEET CORP. Statement of Cash Flows $ Adjustments to reconcile net income to $ v $ $ Save for Later Attempts: 0 of 2 used Submit