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.

Chapter 12. Homework 4 MONOPOLY CORPORATION Cash Flow Statement Year Ended December 31 Cash flows from operating activities Net income $ 56,900 Adjustments to reconcile net income to net cash provided by operating activities: 15,200 (4,200) (21,000) $ $ 4,200 Depreciation Changes in current assets and current liabilities Accounts Receivable 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 (25,000) (25,000) (21,000) 18,180 30,800 48,980 $ Mc Complete this question by entering your answers in the tabs below. 4 Balance Sheet: Income Stmt Cash Flow Stmt Solve for the missing numbers. MONOPOLY CORPORATION Income Statement Year Ended December 31 Sales $ 485,500 $ 292,000 95,000 Expenses Cost of goods sold Selling, general, and administrative expense Depreciation expense Interest expense Income taxes Net income 9,200 428,600 56,900 $ Balance Sheet Cash Flow Stmt> Balance Sheet Income Stmt 4 Cash Flow Stmt Solve for the missing numbers. MONOPOLY CORPORATION Comparative Balance Sheet December 31 Current Year Prior Year Assets Cash $ 48,980 $ 30,800 Accounts receivable 32,200 Inventory 70,200 Prepaid rent 2.720 2,200 Property, plant, and equipment 227,000 202,000 Accumulated depreciation (56,200) (41,000) Total assets $ 350,100 $ 296,400 Liabilities and Stockholders' Equity Accounts payable $ 38,400 $ 34,200 Accrued liabilities 10,000 12,200 Notes payable (long-term) 131,000 152,000 Contributed capital 52,000 26,000 Retained earnings 118,700 72,000 Total liabilities and stockholders' equity $ 350,100 $ 296,400