Clean Dirt, Inc had $8000 of salaries payable at December 31, 2010. During 2011, Clean Dirt's salary expense was $60,000. At December 31, 2011, Clean Dirts statement of cash flows showed cash paid for salaries of $-63000. How much was Clean Dirt's salaries payable balance on its 31, 2011 balance sheet?

A.) $13000

B.) $5000

C.) $3000

D.) $11000

Hero sold $4000 worth of its own stock in the stock market. the transaction would ______ cash by $4000 and _____ shareholder's equity by $4000.

a.) increase ; decreas

b.) decrease ; increase

c.) decrease ; decrease

d.) increase ; increase

Folder Inc sold a piece of equipment for $13400. The book value of the equipment was $14000. The original cost of the equipment was $19000. A loss on the sale of $600 was reported. The amount of cash on the statement of cash flows was____?

A.) $13400 net inflow

B.) $17600 net inflow

C.) $600 net inflow

D.) $5600 net outflow