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The following information is from Ellerby Company's comparative balance sheets. The current-year income statement reports depreciation expense on furniture of $18,000. During the year, furniture costing $52,500 was sold for its book value on December 31, Current Year. Complete the general ledger accounts to calculate cash recelved from the sale of furniture. A comparative balance sheet and income statement is shown for Cruz, Incorporated 1. Assume that all common stock is issued fot cash. What amount of cash dividends is paid during 2021 ? 2. Assume that no additional notes payable are issued in 2021 . What cash amount is paid to reduce the notes payable balance in 2021 ? Complete this question by entering your answers in the tabs below. Assume that all common stock is issued for cash. What amount of cash dividends is paid during 2021 ? Assume that no additional notes payable are issued in 2021. What cash amount is paid to reduce the notes payable balar 2021? Use the following information of VPI Company to prepare a statement of cash flows for the year ended December 31 using the indirec method. (Amounts to be deducted should be Indleated by a minus sign.)