a. Net income for the year was $113,000. b. Dividends of $106,000 cash were declared and paid. c. The only noncash expense was $83,000 of depreciation. d. Purchased plant assets for $103,000 cash. e. Notes payable of $33,000 were issued for $33,000 cash. f. $63,000 increase in accounts receivable. g. $43,000 decrease in inventory. h. $23,000 decrease in accounts payable. Balance Sheet-Debit Balance Accounts Cash Accounts receivable Inventory Plant assets Balance Sheet-Credit Balance Accounts Accumulated depreciation Accounts payable Notes payable Common stock Retained earnings Statement of Cash Flows Operating activities SCORETECK CORPORATION Spreadsheet for Statement of Cash Flows-Indirect Method * For Year Ended December 31, 2021 Investing activities Financing activities December 31, 2020 $ $ $ $ 119,000 133,000 276,000 613,000 1,141,000 113,000 176,000 383,000 213,000 256,000 1,141,000 Analysis of Changes Debit Credit December 31, 2021 $ $ 96,000 196,000 233,000 716,000 1,241,000 $ 196,000 153,000 416,000 213,000 263,000 $ 1,241,000

a. Net income for the year was $113,000. b. Dividends of $106,000 cash were declared and paid. c. The only noncash expense was $83,000 of depreciation. d. Purchased plant assets for $103,000 cash. e. Notes payable of $33,000 were issued for $33,000 cash. f. $63,000 increase in accounts receivable. 9. $43,000 decrease in inventory. h. $73000 derroase in arrounts navahle