choose correct answer

Retained earnings increased by $80,000. Net Income for the year was $200,000. Dividends payable increased by $30,000. Dividends paid during the year amounted to: $90,000 $150,000 O $170,000 None of the available answers are correct O $120,000 Insurance Expense 4,000 Freight out 3,000 Freight in 6,000 Sales discounts, returns and allowances 21,000 Interest expense 6,000 Sales $ 170,000 Cost of goods sold $ 77,000 Dividends $ 10,000 Income tax expense $ 11,000 Which of the following statement's is correct? Oa) Freight out is accounted for, in the cost of goods sold. Ob) Operating Income is $65,000. O c) Gross Profit is $83,000. O d) None of the available answers are correct. Oe) Freight in is an operating expense. Mariakani Inc. paid $5,000 during the discount period to settle accounts payable. The terms of the discount were 3/10, n/45. The amount of discount that Mariakani company received was (rounded): None of the available answers are correct O $150.00 $148.28 O $500.00 $154.64 An asset was purchased on Jan 1, 2020 with an estimated useful life of 10 years and zero salvage value. The company uses the double declining balance method of depreciation. The carrying value of the asset on December 31, 2022 is: Cost x 0.512 Cannot be determined from the information given. Cost x 0.008 Cost x 0.64 The salvage value of the asset