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Balance Sheet Year 1 Year 2 Year 3 Assets 22,000 50,000 10,000 5.000 55.000 Cash Supplies Accounts Receivable Inventory Building Accumulated Depreciation Book Value of

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Balance Sheet Year 1 Year 2 Year 3 Assets 22,000 50,000 10,000 5.000 55.000 Cash Supplies Accounts Receivable Inventory Building Accumulated Depreciation Book Value of Building Investments Total Assets 40,000 2,000 40,000 8,000 100,000 30,000 70,000 1,000 161,000 25.000 17,000 80,000 25,000 60,000 10,000 139,000 35,000 14.000 100,000 10,000 260,000 Liabilities Accounts Payable Notes Payable Interest Payable 16,000 10,000 80,000 9,000 40,000 100,000 Total Liabilities 99,000 16,000 140,000 Owners Equity Retained Earnings 30,000 75.000 50,000 Equity Retained Earnings Stock 30,000 10,000 75,000 70,000 50,000 70,000 Total Owners Equity 40,000 145.000 120,000 Total Liabilities & Owners Equity 139.000 161,000 260.000 Income Statement Year 2 Year 3 Revenues 110,000 125,000 COGS 25,000 35,000 Gross Profit 85,000 90,000 Supplies Expense 6,000 5,000 Depreciation Expense 5,000 5,000 Interest Expense 1,000 2.000 Marketing Expense 2,000 1000 Net Income 71,000 77,000 Using the information above, what was Cash Paid to Owners for Year 3? Please enter a negative number for cash paid

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