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a. $231000 b. none of the amount listed. c. $103000 d. 29000 A company had a net income of $184,000 and a beginning and Ending
a. $231000
b. none of the amount listed.
c. $103000
d. 29000
A company had a net income of $184,000 and a beginning and Ending balance in Retained Earnings of $45,000 and $74,000 respectively. The only items impacting Retained Earnings are Net Income and cash dividends. Determine the cash paid for dividends. The Equipment account had a beginning and ending balance of $80,000 and $125,000 respectively. The depreciation expense for the year was $35,000 and the beginning and ending balance of the accumulated depreciation account was $48,000 and $69,000 respectively. Equipment with a cost of $30,000 was sold at a loss of $1,900 and additional equipment was purchased for cash. If these were the only transactions impacting the Investing Activities section, determine the net Cash inflow or outflow for Investing Activities
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