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 Stml Cash Flow Stent Solve for the missing numbers. MONOPOLY CORPORATION Comparative Balance Sheet December 31 Gurrent Year Prior Year Assets Cash $ 31,550 $ 21,000 Accounts receivable 31,500 Inventories 89,500 Prepaid rent 1,950 1,500 Property, plant and equipment 216,500 195,000 Accumulated depreciation (52,000) (37.500) Total assets 320,000 $ 281,000 Liabilities and Stockholders' Equity Accounts payable $ 37.000 33,500 Adorued Liabilities 10.000 11,500 Notes payable (long-term) 127.500 145.000 contributed capital 45,000 22,500 Retained earnings 100,500 68,500 Total abilities and stockholders' equity is 320,000 $ 281,000 Income Sort > Complete this question by entering your answers in the tabs below. Balance Sheet Income Stmt Cash Flow Semt $ 457,500 Solve for the missing numbers. MONOPOLY CORPORATION Income Statement Year Ended December 31 Sales Expenses Cost of goods sold $285,000 Selling, general and administrative expenses 91,500 Depreciation expense Interest expense 8.500 Income taxes Net income 416,000 41,500 $ Balance Sheet Income Stmt Cash Flow Sumt 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 $ 41,500 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 14,500 Change in current assets and current liabrities Accounts Receivable (3,500) Inventades 5 (17.500) Prepaid Rent Accounts Payable 3.500 Accrued Liabities Netcash provided by (used in) operating activities Cash flows from investing activities Purchase of property, plant, and equipment (21,800) Net cash provided by used for investing activies (21,500) Financing activities Additional capital contributed by stockholders Payments or long-term debt (17.500) Payment of cash dividends Net cash provided by (used for financing activities Increase in cash and cash equivalents 10.550 Cash and cash equ valents, beginning of period 21.000 Cash and cash equivalents, end of period $ 31,550 Incogie Smit