The following are Whispering Corps 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 (Decrease) 2020 2019 Cash $807,900 $696,100 $111,800 Accounts receivable 1,130,100 1,166,300 (36,200) Inventory 1,850,400 1,707,300 143,100 Property, plant, and equipment 3,324,100 2,995,100 329,000 Accumulated depreciation (1,163,100) (1,032,700) (130,400) Investment in Myers Co. 308,700 277,600 31,100 Loan receivable 250,800 250,800 Total assets $6,508,900 $5,809,700 $699,200 Accounts payable $1,019,400 $949,200 $70,200 Income taxes payable 30,100 50,300 (20,200) Dividends payable 79,800 99.100 (19,300) Lease liabililty 389,500 389,500 Common stock, $1 par 500,000 500,000 Paid-in capital in excess of par-common stock 1,499,000 1,499,000 Retained earnings 2,991,100 2,712,100 279,000 Total liabilities and stockholders' equity $6,508,900 $5,809,700 $699,200 Additional information: 1. On December 31, 2019, Whispering acquired 25% of Myers Co's common stock for $277,600. On that date, the carrying value of Myers's assets and liabilities, which approximated their fair values, was $1,110,400. Myers reported income of $124,400 for the year ended December 31, 2020. No dividend was paid on Myers's common stock during the year. 2. During 2020, Whispering loaned $289,200 to TLC Co., an unrelated company. TLC made the first semiannual principal repayment of $38,400, plus interest at 10%, on December 31, 2020. 3. On January 2, 2020, Whispering sold equipment costing $60,500, with a carrying amount of $38,400, for $39,800 cash. 4. On December 31, 2020, Whispering entered into a capital lease for an office building. The present value of the annual rental payments is $389,500, which equals the fair value of the building. Whispering made the first rental payment of $60,100 when due on January 2, 2021. 5. Net income for 2020 was $358,800. 6. Whispering 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 $79,800 $99,100 Prepare a statement of cash flows for Whispering 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).) WHISPERING CORP. Statement of Cash Flows $ Adjustments to reconcile net income to $ > ( > > > > > >