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Bonita Industries's balance sheet accounts as of December 31, 2021 and 2020 and information relating to 2018 activities are presented below. December 31, 2021 2020

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Bonita Industries's balance sheet accounts as of December 31, 2021 and 2020 and information relating to 2018 activities are presented below. December 31, 2021 2020 Assets Cash $ 439000 $ 199000 Short-term investments 602000 Accounts receivable (net) 1020000 1020000 Inventory 1390000 1210000 Long-term investments 402000 602000 Plant assets 3420000 1980000 Accumulated depreciation 902000) (902000) Patent 178000 202000 Total assets $6549000 $4311000 Liabilities and Stockholders' Equity Accounts payable and accrued liabilities $1640000 $1440000 Notes payable (nontrade) 579000 Common stock. $10 par 1657000 1410000 Additional paid-in capital 799000 499000 Retained earnings 1874000 962000 Total liabilities and stockholders equity $6549000 $4311000 Information relating to 2021 activities: Net income for 2021 was $1510000. Cash dividends of $598000 were declared and paid in 2021. Equipment costing $1010000 and having a carrying amount of $321000 was sold in 2021 for $361000. A long-term investment was sold in 2021 for $321000. There were no other transactions affecting long-term investments in 2021. 24700 shares of common stock were issued in 2021 for $25 a share. Short-term investments consist of treasury bills maturing on 6/30/22. Net cash provided by Bonita's 2021 financing activities was $1196500. $1794500. $638500. $598500

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