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10 The following accounts and balances were drawn from the records of Carolina Company on December 31, Year 1: Cash Dividends Land Accounts payable $

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10 The following accounts and balances were drawn from the records of Carolina Company on December 31, Year 1: Cash Dividends Land Accounts payable $ 4,000 $ 2,000 $ 3,200 $ 1,800 Accounts receivable Common stock Revenue Expense $ 3,400 $ 3.900 $ 3,200 $ 2,200 Total assets on Carolina's December 31. Year 1 balance sheet would amount to: I Edit Insert Format Tools Table 12pt Paragraph I o Av

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