View Policies Current Attempt in Progress Below is the comparative balance sheet for Tamarisk Corporation Cash Short-term investments Accounts receivable Allowance for doubtful accounts Prepaid expenses Inventory Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation equipment Delivery equipment Accumulated depreciation-delivery equipment Patents Dec 31, 2020 $16,400 24,700 42,600 (1.800) 4,300 82,000 50,500 125,400 (30,000) 53,300 (19,200) 38,700 (22.200) 14,800 $379,500 Dec. 31, 2019 $20.900 18,800 44.800 (1.900) 2,500 65,100 50,500 74,100 (22.900) 45,600 (15.700) 38,700 (20,500) -0- $300,000 Are Accounts payable Short-term notes payable (trade) Accrued payables Mortgage payable Bonds payable Common stock Paid-in capital in excess of par Retained earnings $26,000 4,000 3,000 73.300 50,100 140,300 10.000 72.800 $379,500 $16.200 6,000 4,500 53,400 62.700 101,400 3,900 51.900 $300,000 Dividends in the amount of $15,000 were declared and paid in 2020. From this information, prepare a worksheet for a statement of cash flows. Make reasonable assumptions as appropriate. The short: terminvestments are considered available-for-sale and no unrealized gains or losses have occurred on these securities (Enter amounts either in debit or in credit column in Statement of Cash Flows Effects except for totals.) TAMARISK CORPORATION WORKSHEET FOR PREPARATION OF STATEMENT OF CASH FLOWS For the Year Ended December 31, 2020 2020 Reconciling Items Balance Debits at 12/31/19 Debit Credit Cash $20.900 $ 18.800 Short-term investments Accounts receivable Prepaid expenses 44.800 2.500 ventory 65,100 50.500 Building 74,100 TAMARISK CORPORATION WORKSHEET FOR PREPARATION OF STATEMENT OF CASH FLOWS For the Year Ended December 31, 2020 2020 Reconciling Items Balance at 12/31/19 Debit Debits Credit $20.900 $ $ 18.800 Short-term investments Accounts receivable Prepaid expenses 44.800 2.500 Inventory 65.100 Land 50,500 Buildings 74,100 Equipment 45,600 Equipment Delivery 38,700 Patents $361,000 Credits Credits $16.200 $ 6,000 4.500 1.900 22.900 15,700 Accounts payable Notes payable Accrued liabilities Allowance for doubtful accounts Accumulated Depreciation-Building Accumulated Depreciation-Equipment Accumulated Depreciation --Delivery Equipment Mortgage payable Bonds payable Common stock Paid in capital in excess Retained earning Total credits 20,500 53.400 62.700 101.400 3.900 51.900 $361.000 Tamarisk Corporation Statement of Cash Flows Effects Total credits $361.000 Tamarisk Corporation Statement of Cash Flows Effects | > > > > > > > A Textock and Meta