At Dec,31,2019 :

Operating income = 80,000 Net income = 60,000 Dividends = 15,000 Decrease in inventory = 12,000 Decrease in account payable = 9000 Increase in building (Cash) = 20,000 Cashflow from financing activities = 8000 At Dec,31,2018 : Cash = 40,000 Retained Earnings = 30,000 10.Cash at Dec,31,2019 = (3 Points) 9,000 85,000 91,000 76,000 11.Retained Earnings at Dec,31,2019 = (2 Points)