C11-1 (Algo) Financial Reporting of Depreciation, Write-off, Bond Issuance and Common Stock Issuance, Purchase, Reissuance, and Cash Dividends [Chapters 4, 8, 9, 10, and 11) [LO 4-2, 4-5, 8-2, 9-3, 10-3, 11-2, 11 -3] National Companies, reported the following account balances on January 1. The company entered into the following transactions during the year. January 15 Imated 20,000 ahares of 11 par conon ntock for 800,000 cash. January 3) Colleeted $3,000 from cuttouter a on aceount. Mareh 15 meis sued 2,360 mates of treasury stock for $27,300 dash. Auguet is meis sued 509 mhares of tresimury stoek for th, 6eg. eahi. beptenher is beclared (but did hot yet pwy) a 51 canh dividend on each outatabding ahare of eonenon atoek, Getober 3 Mrote oft a 51,500 balsaes due from a eue comer mho wegt bankrupt. Decerber 27 pegerded 3260,000 of eerytee revense, all of mhieh was colloeted in cank. becember 30 faid 5230,000 cash for thim year'in wagen through becenber 3 . and indtome taren. Use the dropdowns to select the accounts properly included on the classified balance sheet. However, you will need to enter the amount of Retained earnings. At the end of the year, the adjusted net income was $20,000. Debt to Assets Ratio ? C11-1 (Algo) Financial Reporting of Depreciation, Write-off, Bond Issuance and Common Stock Issuance, Purchase, Reissuance, and Cash Dividends [Chapters 4, 8, 9, 10, and 11) [LO 4-2, 4-5, 8-2, 9-3, 10-3, 11-2, 11 -3] National Companies, reported the following account balances on January 1. The company entered into the following transactions during the year. January 15 Imated 20,000 ahares of 11 par conon ntock for 800,000 cash. January 3) Colleeted $3,000 from cuttouter a on aceount. Mareh 15 meis sued 2,360 mates of treasury stock for $27,300 dash. Auguet is meis sued 509 mhares of tresimury stoek for th, 6eg. eahi. beptenher is beclared (but did hot yet pwy) a 51 canh dividend on each outatabding ahare of eonenon atoek, Getober 3 Mrote oft a 51,500 balsaes due from a eue comer mho wegt bankrupt. Decerber 27 pegerded 3260,000 of eerytee revense, all of mhieh was colloeted in cank. becember 30 faid 5230,000 cash for thim year'in wagen through becenber 3 . and indtome taren. Use the dropdowns to select the accounts properly included on the classified balance sheet. However, you will need to enter the amount of Retained earnings. At the end of the year, the adjusted net income was $20,000. Debt to Assets Ratio