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Burke incurred, during that same year, salary expense of $29 million, rent expense of $18 million, and utilities expense of $17 million. Burke declared
Burke incurred, during that same year, salary expense of $29 million, rent expense of $18 million, and utilities expense of $17 million. Burke declared and paid dividends of $23 million during the year. At December 31, 2021, Burke had cash of $165 million, accounts receivable of $75 million, property and equipment of $32 million, and other long-term assets of $26 million. At December 31, 2021, the company owed accounts payable of $60 million and had a long-term note payable of $25 million. Burke began 2021 with a balance in retained earnings of $68 million. At December 31, 2021, Burke had total stockholders' equity of $213 million, which consisted of common stock and retained earnings. Burke has a year-end of December 31.
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