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. (Enter any deductions and cash outflows as a negative value.) MONOPOLY CORPORATION Comparative Balance Sheet December 31 Prior Year Current Year Assets $ 34,040 Cash 22,400 Accounts receivable 31,600 Inventories 69,600 Prepaid rent 2,060 1,600 218,000 Property, plant, and equipment 196,000 (52,600) (38,000) Accumulated depreciation 324,300 283,200 Total assets Liabilities and Stockholders' Equity $ Accounts payable 37,200 33,600 Accrued Liabilities 10,000 11,600 Notes payable (long-term) 128,000 146,000 Contributed capital 46,000 23,000 Retained rnings 0 00 $ $ 324,300 Total liabilities and stockholders' equity 283,200 MONOPOLY CORPORATION Income Statement Year Ended December 31 $ Sales 461,500 Expenses $ Cost of goods sold 286,000 Selling, general and administrative expenses 92,000 Depreciation expense Interest expense 8,600 417,800 Income taxes $ 43,700 Net income MONOPOLY CORPORATION Cash Flow Statement Year End December 31 Cash flows from operating activities Net income 43,700 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 14,600 Change in current assets and current liabilities (3,600) Accounts Receivable $ (18,000) Inventories Prepaid Rent $ Accounts Payable 3,600 Accrued Liabilities Net cash provided by (used in) operating activities Cash flows from investing activities (22,000) Purchase of property, plant, and equipment (22,000) Net cash provided by (used for) investing activities Financing activities Additional capital contributed by stockholders Payments on long-term debt (18,000) Payment of cash dividends Net cash provided by (used for) financing activities Increase in cash and cash equivalents 11,640 Cash and cash equivalents, beginning of period 22,400 34,040 Cash and cash equivalents, end of period