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.

• 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	$34,040	$22,400
Accounts receivable		31,600
Inventories		69,600
Prepaid rent	2,060	1,600
Property, plant, and equipment	218,000	196,000
Accumulated depreciation	(52,600)	(38,000)
Total assets	$324,300	$283,200
Liabilities and Stockholders' Equity
Accounts payable	$37,200	$33,600
Accrued Liabilities	10,000	11,600
Notes payable (long-term)	128,000	146,000
Contributed capital	46,000	23,000
Retained earnings	103,100	69,000
Total liabilities and stockholders' equity	$324,300	$283,200

• Balance Sheet
• Income Stmt
• Cash Flow Stmt

Solve for the missing numbers.

MONOPOLY CORPORATION
Income Statement
Year Ended December 31
Sales		$461,500
Expenses
Cost of goods sold	$286,000
Selling, general and administrative expenses	92,000
Depreciation expense
Interest expense	8,600
Income taxes		417,800
Net income		$43,700

• 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	$43,700
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	14,600
Change in current assets and current liabilities
Accounts Receivable	(3,600)
Inventories	$(18,000)
Prepaid Rent
Accounts Payable	$3,600
Accrued Liabilities
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of property, plant, and equipment	(22,000)
Net cash provided by (used for) investing activities	(22,000)
Financing activities
Additional capital contributed by stockholders
Payments on long-term debt	(18,000)
Payment of cash dividends
Net cash provided by (used for) financing activities
Increase in cash and cash equivalents	11,640
Cash and cash equivalents, beginning of period	22,400
Cash and cash equivalents, end of period	$34,040