Chey werk 20 05 DO Problemi Module 3 Textbook Problem 20 Learning Objective: 3.16 Show how the appropriation of retained earnings affects financial statements On December 30, Billys Boat Yard (BBY nad 590,000 of cash 520,000 of abilities $30 000 of common stock, and $40,000 or unrestricted retained earnings. On December 31 BBY appropriated retained earnings in the amount of $10.000 for a future remodeling project Required a. Record the December 31 appropriation in the following statements model in the Cash Flow column indicate whether the item is an operating activity (OA). Investing activity (A), or financing activity (FAL en element was not affected by the event leave the cred blank b. Determine the amount of dividends that Bey can pay immediately after the December 31 appropriation c. Determine the total amount of retained earnings immediately after the December 31 appropriation d. Determine the total amount of cash immediately after the December 31 appropriation Los trefow pot RA Reg to Record the December 31 appropriation in the following statements model in the Cash Flow column, indicate whether the term is operating activity CoA), investi financing activity (PA). IT an slement was not affected by the event, leave the cell bank. (trany decreases to contences with min) BY CO Horizontal Statement Model Balance Sheet Income Statement Liabilities - Stockholders' Equity Revenue Expense et income Statement of the Flow Comman Retained Appropriate Stock Earnings Retained Earnings Cash Regto > 20 Complete this question by entering your answers in the tabs below. 05 points RAGA Reg 8 to D b. Determine the amount of dividends that BBY can pay immediately after the December 31 appropriation c. Determine the total amount of retained earnings immediately after the December 31 appropriation d. Determine the total amount of cash immediately after the December 31 appropriation B. Dividends that BBY can pay immediately after the December 31 appropriation o Retained earnings immediately afer the December 31 appropriation d. Cash imediately after the December 31 appropriation