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 Cash Flow Stmt Balance Sheet Income Stmt Solve for the missing numbers MONOPOLY CORPORATION Comparative Balance Sheet December 31 Current Year Prior Year Assets Cash $46,490$ 29,400 Accounts receivable 32,100 70,100 Inventories Prepaid rent 2,610 2,100 Property, plant, and equipment 225,500 201,000 Accumulated de preciation (55,600) (40,500) $ 345,800$ 294,200 Total assets Liabilities and Stockholders' Equity Accounts payable $ 38,200 $ 34,100 10,000 12,100 Accrued Liabilities Notes payable (long-term) 130,500 151,000 Contributed capital 51,000 25,500 71,500 Retained earnings 116,100 Total liabilities and stockholders' equity 345,800 294,200 Cash Flow Balance Sheet: Income Stmt Stmt Solve for the missing numbers MONOPOLY CORPORATION Income Statement Year Ended December 31 Sales $ 481,500 Expenses Cost of goods sold $291,000 Selling, general and administrative expenses 94,500 Depreciation expense 9,100 Interest expense 426,800 Income taxes $ 54,700 Net income Cash Flow Balance Sheet Income Stmt 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 54,700 Net income Adjustments to reconcile net income to net cash provided by operating activities 15,100 Depreciation Change in current assets and current liabilities Accounts Receivable (4,100) $ (20,500) Inventories Prepaid Rent Accounts Payable 4,100 Accrued Liabilities Net cash provided by (used in) operating activities Cash flows from investing activities Purchase of property, plant, and equipment (24,500) (24,500) Net cash provided by (used for) investing activities Financing activities Additional capital contributed by stockholders Payments on long-term debt (20,500) Payment of cash dividends Net cash provided by (used for) financing activities 17,090 Increase in cash and cash equivalents Cash and cash equivalents, beginning of period 29,400 $46,490 Cash and cash equivalents, end of period