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Can I get some help with this please The following account balances at December 31, 2020, relate to Harmony Music Inc.: Accounts receivable $79,000 Accounts
Can I get some help with this please The following account balances at December 31, 2020, relate to Harmony Music Inc.: Accounts receivable $79,000 Accounts payable 83,000 Common shares 390,000 Inventory 99,000 Bonds payable 240,000 Preferred shares, $2,30,000 non-cumulative shares issued 300,000 Accumulated other comprehensive income 50,000 Notes receivable 220,000 Retained earnings 65,000 Property and equipment 640,000 Cash 90,000 Required: 1) What is the total share capital for Harmony Music Inc. at December 31, 2020? 2) What is the total shareholders' equity for Harmony Music Inc. at December 31, 2020? 3) What amount does Harmony Music Inc. owe to its suppliers at December 31, 2020? 4) Harmony Music Incs board of directors decided to declare a dividend on December 31, 2020 what is the largest dividend it could declare? 5) It Harmony Music Inc's board of directors decided to declare a dividend of $62,000 on December 31, how much of this total would the common shareholders receive? No other dividends have been declared during the year
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