Additional information for Billy Bob's for 2025: Net Income was $104,200 Billy Bob paid a cash dividend Billy bob owns a 20% interest in Wanda's Wigs. During the year, Wanda recorded Net Income of $150,000 and paid out dividends of $70,000. You can net these in the operating section...Net Investment Income. Sold equipment with a cost of $100,000 and accumulated depreciation of $32,000 for $60,000. Purchased land and equipment for cash. On 1/1/25 issued $300,000 in 5 year bonds payable for $322,684. The stated rate of interest on the bonds was 12% while the market rate of interest was 10%. Interest is paid annually on December 31. The effective interest method is used. On 1/1/25 issued a 10% stock dividend when the market value of the stock was $30 per share. (the par value of the stock is $10) (make the je and post to t accounts) On 7/1/25 issued an additional 900 shares of Common Stock. (hint: first post the stock dividend to t-accounts, work with c/s and pic c/s together) I Sold Trading Securities for a gain of $5,000 On 1/1/25 redeemed 500,000 of bonds for 99. The 8% 5 year bonds were originally issued on 1/1/17 when the effective interest rate was 10%. Interest was recorded on 12/31/18 right before redemption. Prepare a statement of Cash Flows using the indirect method.