Anew Health Care Company reports net income of $220,000 and Depreciation Expense of $19,000 for the year ending December 31, 2019. No long-term assets were sold or exchanged during 2019. They also have the following data available: December 31, 2019 December 31, 2018 Current Assets: Cash $29,000 $78,000 Accounts Receivablo $160,000 99,000 Inventory $97,000 66,000 Total Current Assets $286,000 $243,000 Current Liabilities: Accounts Payable Salaries Payable Total Current Liabilities $53,000 40,000 $93,000 $39,000 92,000 $131,000 Using the Indirect method, what is the net cash provided by operating activities for the year ending December 31, 2019? O A $71,000 OB. $109,000 OC. $140,000 OD. $200,000 A company completed the following transactions during the month of October: 1. Purchased office supplies on account, $4,400. II. Provided services for cash, $22,000. III. Provided services on account, $13,000. IV. Collected cash from a customer on account, $8,200. V. Paid the monthly rent of $13,000. What was the company's net income for the month? O A. $13,000 OB. $48,000 c. $22,000 OD. $35,000 Land, a building and equipment are acquired for a lump sum of $1,000,000. The market values of the land, building and equipment are $500,000, $600,000 and $300,000, respectively. What is the cost assigned to the equipment? (Do not round any intermediary calculations, and round your final answer to the nearest dollar.) O A. $1,000,000 OB. $214,286 O C. $300,000 OD. $0 Land is purchased for $600,000. Back taxes paid by the purchaser were $7,600; total costs to demolish an existing building were $10,000 and the cost to clear the land was $16,000. The cost of paving the parking lot was $8,200. The cost of land is and the cost of land improvements is O A. $617,600; $24,200 OB. $633,600; $8,200 O C. $634,200; $7,600 OD. $641,800; $0 Burkert Company has 50,000 shares of $1 par value common stock issued and outstanding. The company also has 7,000 shares of $100 par value, 6% cumulative preferred stock outstanding. Burkert did not pay the preferred dividends in 2018 and 2019. For the common stockholders to receive a dividend in 2020, the board of directors must declare dividends in excess of: O A. $168,000 O B. $42,000 O c. $126,000 OD. $84,000