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Comparative consolidated balance sheet data for lverson, Inc., and its 80 percent-owned subsidlary Oakley Co. follow: Additional Information for Fiscal Year 2021 - Iverson and

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Comparative consolidated balance sheet data for lverson, Inc., and its 80 percent-owned subsidlary Oakley Co. follow: Additional Information for Fiscal Year 2021 - Iverson and Oakley's consolidated net Income was $54,750. - Oakley pald $5,000 in dividends during the year. Iverson pald $15,000 in dividends. - Oakley sold $12,800 worth of merchandise to lverson 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: Multiple Choice $35,000 $41,650. $17,500 $13,100

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