Balance Sheet Income Stmt Cash Flow Stmt Solve for the missing numbers. MONOPOLY CORPORATION Comparative Balance Sheet December 31 Current Year Prior Year Assets Cash $ 24,080 $ 16,800 Accounts receivable 31,200 Inventories 69,200 1,620 1,200 Prepaid rent Property, plant, and equipment 212,000 192,000 Accumulated depreciation (50,200) (36,000) Total assets $ 307,100 $ 274,400 Liabilities and Stockholders' Equity Accounts payable $ 36,400 $ 33,200 Accrued Liabilities 10,000 11,200 126,000 142,000 Notes payable (long-term) Contributed capital Retained earnings 42,000 21,000 92,700 67,000 Total liabilities and stockholders' equity $ 307,100 $ 274,400 Complete this question by entering your answers in the tabs below. Balance Sheet Income Stmt Cash Flow Stmt Solve for the missing numbers. MONOPOLY CORPORATION Income Statement Year Ended December 31 Sales $ 445,500 Expenses Cost of goods sold $ 282,000 Selling, general and administrative expenses 90,000 Depreciation expense Interest expense 8,200 Income taxes 410,600 Net income $ 34,900 MONOPOLY CORPORATION Cash Flow Statement Year Ended December 31 Cash flows from operating activities Net income $ 34,900 Adjustments to reconcile net income to net cash provided by operating activities: 14,200 Depreciation Change in current assets and current liabilities Accounts Receivable (3,200) Inventories $ (16,000) Prepaid Rent Accounts Payable $ 3,200 Accrued Liabilities Net cash provided by (used in) operating activities Cash flows from investing activities Purchase of property, plant, and equipment (20,000) Net cash provided by (used for) investing activities (20,000) Financing activities Additional capital contributed by stockholders Payments on long-term debt (16,000) Payment of cash dividends Net cash provided by (used for) financing activities Increase in cash and cash equivalents 7,280 Cash and cash equivalents, beginning of period 16,800 Cash and cash equivalents, end of period $ 24,080