1. Information for Bob's Car Detailing, Incorporated is below: Assets Date December 31, 2015 December 31, 2016 200,000 280,000 Liabilities 50,000 80,000 If Bob invested an additional $20,000 and paid dividends of $40,000 during the year, what was the net income? 2. Clyde Repair Services started the year with $170,000 of equity and ended the year with $250,000 of equity. If Clyde made no further investments and had a net income of $120,000, what was the amount of dividends paid during the year? 3. Kale started the year with $250,000 of cash and ended the year with $300,000 of Cash. During the year cash receipts equaled $500,000 what was cash disbursements for the year? 4. Kale started with $30,000 of accounts receivable and ended the year with $32,000 of accounts receivable. During the year Kale collected $89,000 on its receivables, how much revenue was charged on accounts receivable