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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

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
Current Year Prior Year
Assets
Cash $24,080 $16,800
Accounts receivable ? 31,200
Inventories ? 69,200
Prepaid rent 1,620 1,200
Property, plant, and equipment 212,000 192,000
Accumulated depreciation (50,200) (36,000)
Total assets $307,100 $274,400
Liabilities and Stockholders' Equity
Accounts payable $36,400 $33,200
Accrued Liabilities 10,000 11,200
Notes payable (long-term) 126,000 142,000
Contributed capital 42,000 21,000
Retained earnings 92,700 67,000
Total liabilities and stockholders' equity $307,100 $274,400
MONOPOLY CORPORATION
Income Statement
Year Ended December 31
Sales $445,500
Expenses
Cost of goods sold $282,000
Selling, general and administrative expenses 90,000
Depreciation expense ?
Interest expense 8,200
Income taxes ? 410,600
Net income $34,900
MONOPOLY CORPORATION
Cash Flow Statement
Year End December 31
Cash flows from operating activities
Net income $34,900
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation 14,200
Change in current assets and current liabilities
Accounts Receivable (3,200)
Inventories $(16,000)
Prepaid Rent ?
Accounts Payable $3,200
Accrued Liabilities ?
Net cash provided by (used in) operating activities ?
Cash flows from investing activities
Purchase of property, plant, and equipment (20,000)
Net cash provided by (used for) investing activities (20,000)
Financing activities
Additional capital contributed by stockholders ?
Payments on long-term debt (16,000)
Payment of cash dividends ?
Net cash provided by (used for) financing activities ?
Increase in cash and cash equivalents 7,280
Cash and cash equivalents, beginning of period 16,800
Cash and cash equivalents, end of period $24,080

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