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Canvas Question 23 4 pts Columbia Construction Company earned USD 450,000 during the year ended June 30, 2019. After declaring and paying out USD 225,000

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Canvas Question 23 4 pts Columbia Construction Company earned USD 450,000 during the year ended June 30, 2019. After declaring and paying out USD 225,000 in dividends, the balance went into retained earnings. If the company's total retained earnings were USD 845,000, what was the retained earnings on its balance sheet at the beginning of the year? D Question 24 4 pts Tim Dye, the CFO of Blackwell Automotive, Inc., is putting together this year's financial statements. He has gathered the following information. The firm had a cash balance of USD 23,500, accounts payable of USD 160,000. common stock of USD 310,000, retained earnings of USD 550,500, inventory of USD 215,000, other assets equal to USD 75,000, net plant and equipment of USD 755,000, and short-term notes payable of USD 20,000. The company also has accounts receivable of USD 145.250 and other current assets of USD 10,000. How much long-term debt does Blackwell Automotive have? Question 25 4 pts Suppose you start your own corporation when you are 25 years old and you work there until you retire 40 years later. How many years worth of your profits are paid to the US Government if the federal corporate income tax rate is 25 percent

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