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Comparative Balance Sheet Ending Balance Beginning Balance $ 42,000 21,000 69,000 132,000 364,000 160,000 204,000 $336,000 $ 35,000 23,200 71,200 129,400 343,000 134,000 209,000 $338,

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Comparative Balance Sheet Ending Balance Beginning Balance $ 42,000 21,000 69,000 132,000 364,000 160,000 204,000 $336,000 $ 35,000 23,200 71,200 129,400 343,000 134,000 209,000 $338, 400 Assets: Current assets: Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and stockholders' equity: Current liabilities: Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders equity: Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders equity $ 20,000 56,000 50, 400 126,400 84,000 210, 400 $ 21,200 61,200 44,000 126,400 89,000 215,400 26,000 99,600 125,600 $336,000 24,000 99,000 123,000 $338,400 Help Save & Exit Sub The company did not dispose of any property, plant, and equipment during the year. Its net income for the year was $4,600 and its cash dividends were $4,000. The company did not issue any bonds payable or purchase any of its own common stock during the year. Its net cash provided by (used in) operating activities and net cash provided by (used in) financing activities are: Multiple Choice net cash provided by (used in) operating activities, $35,000; net cash provided by (used in) financing activities, S(2,000) net cash provided by (used in) operating activities, $37,200; net cash provided by (used in) financing activities, $(2.000) net cash provided by (used in) operating activities, $35,000; net cash provided by (used in) financing activities, 5(7,000) net cash provided by (used in operating activities, $37,200; net cash provided by (used in financing activities, $7000) ON A ? 14

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