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Bonita Industries's balance sheet accounts as of December 31,2021 and 2020 and information relating to 2021 activities are presented below. Information relating to 2021 activities:
Bonita Industries's balance sheet accounts as of December 31,2021 and 2020 and information relating to 2021 activities are presented below. Information relating to 2021 activities: - Net income for 2021 was $1510000. - Cash dividends of $602000 were declared and paid in 2021. - Equipment costing $1000000 and having a carrying amount of $318000 was sold in 2021 for $358000. - A long-term investment was sold in 2021 for $318000. There were no other transactions affecting long-term investments in 2021. - 24400 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 operating activities was $2066000$2106000$1510000$2146000 Bonita Industries's balance sheet accounts as of December 31,2021 and 2020 and information relating to 2021 activities are presented below. Information relating to 2021 activities: - Net income for 2021 was $1510000. - Cash dividends of $602000 were declared and paid in 2021. - Equipment costing $1000000 and having a carrying amount of $318000 was sold in 2021 for $358000. - A long-term investment was sold in 2021 for $318000. There were no other transactions affecting long-term investments in 2021. - 24400 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 operating activities was $2066000$2106000$1510000$2146000
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