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Dec. 31 Dec. 31 2021 2020 ASSETS Cash $8,130 $10,800 Accounts Receivable 12,600 11,300 Prepaid Rent 1,650 2,300 Total current assets Land 24,500 12,000 Total
Dec. 31 | Dec. 31 | |
2021 | 2020 | |
ASSETS | ||
Cash | $8,130 | $10,800 |
Accounts Receivable | 12,600 | 11,300 |
Prepaid Rent | 1,650 | 2,300 |
Total current assets | ||
Land | 24,500 | 12,000 |
Total Assets | $46,880 | $36,400 |
LIABILITIES | ||
Salaries and Wages payable | $1,650 | $2,300 |
Income Tax Payable | 1,200 | 1,200 |
Total current liabilities | 2,850 | 3,500 |
Long Term Notes Payable | 11,600 | 11,300 |
Total Liabilities | 14,450 | 14,800 |
STOCKHOLDERS EQUITY: | ||
Contributed capital | 18,400 | 8,300 |
Retained Earnings | 14,030 | 13,300 |
Total stockholders equity | 32,430 | 21,600 |
Total Liabilities and Stockholders Equity | 46,880 | $36,400 |
The company recorded a Net Income = $2,030. Given the information above answer the following question:
In the Statement of Cash Flow, how is the cash flow from Dividends recorded ? (include the positive or negative sign but do not include the $ sign)
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