Condensed financial data of Monopoly Corporation appear below: A cash dividend was declared and paid in full to stockholders during the year. Required: Solve for the missing numbers. Complete this question by entering your answers in the tabs below. Balance Sheet Income Stmt Cash Flow Stmt Solve for the missing numbers. MONOPOLY CORPORATION Comparative Balance Sheet December 31 Current Year Prior Year Assets Cash $ 46,490 S 29,400 Accounts receivable 36.200 32,100 Inventories 90,600 70,100 Prepaid rent 2.610 2,100 Property, plant, and equipment 225,500 201,000 Accumulated depreciation (55,600) (40,500) Total assets $ 345,800 $ 294,200 Liabilities and Stockholders' Equity Accounts payable 38,200 $ 34,100 Accrued Liabilities 10,000 12,100 Notes payable (long-term) 130,500 151,000 Contributed capital 51,000 25,500 Retained earnings 116,100 71,500 Total liabilities and stockholders' equity $ 345,800 $ 294,200 Condensed financial data of Monopoly Corporation appear below: A cash dividend was declared and paid in full to stockholders during the year. Required: Solve for the missing numbers. Complete this question by entering your answers in the tabs below. Balance Sheet Income Stmt Cash Flow Stmt Solve for the missing numbers. $ 481,500 MONOPOLY CORPORATION Income Statement Year Ended December 31 Sales Expenses Cost of goods sold $ Selling, general and administrative expenses Depreciation expense Interest expense 291,000 94,500 15,100 9,100 17.100 Income taxes 426,800 54,700 Net income $ Condensed financial data of Monopoly Corporation appear below: A cash dividend was declared and paid in full to stockholders during the year. Required: Solve for the missing numbers. Complete this question by entering your answers in the tabs below. Balance Sheet Income Stmt Cash Flow Stmt Solve for the missing numbers. (Enter any deductions and cash outflows as a negative value.) (4.100) MONOPOLY CORPORATION Cash Flow Statement Year Ended December 31 Cash flows from operating activities Net income 54,700 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 15,100 Change in current assets and current liabilities Accounts Receivable Inventories $ (20,500) Prepaid Rent Accounts Payable $ 4,100 Accrued Liabilities Net cash provided by (used in) operating activities Cash flows from investing activities Purchase of property, plant, and equipment (24,500) Net cash provided by (used for) investing activities (24,500) Financing activities Additional capital contributed by stockholders Payments on long-term debt (20,500) Payment of cash dividends Net cash provided by (used for) financing activities Increase in cash and cash equivalents 17,090 Cash and cash equivalents, beginning of period 29,400 Cash and cash equivalents, end of period $ 46,490
