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Comparative consolidated balance sheet data for Iverson, Inc., and its 80 percent- owned subsidiary Oakley Co. follow: Cash Accounts receivable (net) Merchandise inventory Buildings and

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Comparative consolidated balance sheet data for Iverson, Inc., and its 80 percent- owned subsidiary Oakley Co. follow: Cash Accounts receivable (net) Merchandise inventory Buildings and equipment (net) Trademark Totals Accounts payable Notes payable, long-term Noncontrolling interest Common stock, $10 par Retained earnings (deficit) Totals 2021 $ 11,100 51,500 94,400 95,500 118,300 $ 370,800 $ 103,400 0 50, 100 200,000 17,300 $370,800 2020 $ 12,700 30,000 47,000 106,500 134,000 $330,200 $ 87,500 27,800 37,000 200,000 (22,100) $330,200 Additional Information for Fiscal Year 2021 . Iverson and Oakley's consolidated net income was $67,500. Oakley paid $5,000 in dividends during the year. Iverson paid $14,000 in dividends. Oakley sold $11,300 worth of merchandise to Iverson during the year. There were no purchases or sales of long-term assets during the year. . In the 2021 consolidated statement of cash flows for Iverson Company: Net cash flows from operating activities were

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