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 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 $ 63,920 $ Accounts receivable 39,200 32,800 70,800 3,380 Inventory Prepaid rent Property, plant, and equipment Accumulated depreciation 236,000 (59,800) 2,800 208,000 (44,000) 309.600 Total scots S 375.900 $ MONOPOLY CORPORATION Comparative Balance Sheet December 31 Current Year Prior Year Assets Cash $ 63,920 $ 39,200 Accounts receivable 32,800 70,800 Inventory Prepaid rent Property, plant, and equipment Accumulated depreciation + 3,380 236,000 (59,800) 375,900 $ 2,800 208,000 (44,000) 309,600 Total assets $ 309,600 9,ovy Total assets $ 375,900 $ Liabilities and Stockholders' Equity Accounts payable $ 39,600 $ Accrued liabilities 10,000 Notes payable (long-term) 134,000 Contributed capital 58,000 Retained earnings 134,300 Total liabilities and stockholders' equity $ 375,900 $ 34,800 12,800 158,000 29,000 75,000 309,600 Balance Sheet Income Stmt Cash Flow Stmt Solve for the missing numbers. MONOPOLY CORPORATION Income Statement Year Ended December 31 Sales + $ 509,500 Expenses Cost of goods sold Selling, general, and administrative expense Depreciation expense $ 298,000 98,000 Interest expense 9,800 Income taxes 439,400 70,100 Net income $ Balance Sheet Income Stmt Cash Flow Stmt Solve for the missing numbers. (Enter any deductions and cash outflows as a negative value.) MONOPOLY CORPORATION Cash Flow Statement Year Ended December 31 Cash flows from operating activities + Net income $ 70,100 Adjustments to reconcile net income to net cash provided by operating activities: 15,800 (4,800) (24,000) $ Depreciation Changes in current assets and current liabilities Accounts Receivable Inventory Prepaid Rent Accounts Payable Accrued Liabilities $ 4,800 Vet cash provided by (used in) operating activities ant liabilities Accounts Receivable (4,800) (24,000) $ $ 4,800 Inventory Prepaid Rent Accounts Payable Accrued Liabilities Net cash provided by (used in) operating activities Cash flows from investing activities Purchase of property, plant, and equipment Net cash provided by (used in) investing activities Financing activities Additional capital contributed by stockholders Payments on long-term debt Payment of cash dividends Net cash provided by (used in) financing activities Increase in cash and cash equivalents Cash and cash equivalents, beginning of period Cash and cash equivalents, end of period (28,000) (28,000) (24,000) 24,720 39,200 63,920 $
