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a) What was the amount of net income reported by Molder Corp. in 2022? Net Income $ __________ b) Determine the amounts of any cash
a) What was the amount of net income reported by Molder Corp. in 2022?
Net Income $ __________
b) Determine the amounts of any cash inflows or outflows related to the common stock and dividend accounts in 2022.
Common Stock $ __________ Inflow or Outflow
Dividends $ __________ Inflow or Outflow
c) Indicate where each of the cash inflows or outflows identified in (b) would be classified on the statement of cash flows.
Common Stock: Financing, Investing, or Operating
Dividends: Financing, Investing, or Operating
The following account balances relate to the stockholders' equity accounts of Molder Corp. at year-end. A small stock dividend was declared and issued in 2022. The market price of the shares issued was $8,800. Cash dividends of $20,000 were declared and paid in both 2022 and 2021 . The common stock and preferred stock have no par or stated valueStep by Step Solution
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