Determine a final numerical answer for each question. You will record your ANSWERS ONLY on

THPS$-2$ Answer Submission Form on iCollege. For dollar answers $($unless otherwise specifically instructed$),$

round $($if necessary$)$ to $0$ decimal places, but do NOT include a dollar sign or any commas on iCollege. For

example, record $$24,302\mathrm{.}84962$ as $24303.$ For percent answers $($unless otherwise specifically instructed$),$ round $($if

necessary$)$ to $1$ decimal place, but do NOT include a percent sign on iCollege. For example, record $0\mathrm{.}154863=$

$15\mathrm{.}4863\%$ as $15\mathrm{.}5.$ If your answer is a negative amount, enter a hyphen $(-)$ before your number with no space

between the hyphen and the number. For example, enter negative $319$ as $-319.$

$21.$ Assume that the following current asset and current liability accounts apply to the James Company for the

years $2021$ and $2022($note: the $???$ in the table is a figure that you must determine$).$

These are the only current asset and current liability accounts listed on the companys balance sheet. In $2022,$

James Company had net cash flow from operating activities of $$1500.$ If James Company reported net income

in $2021$ of $$1600,$ net income in $2022$ of $$2200,$ depreciation expense in $2021$ of $$300,$ depreciation expense

in $2022$ of $$500,$ paid a common stock dividend in $2021$ of $$100,$ and paid a common stock dividend in $2022$

of $$300,$ what is $???$ in the table above?

$22.$ Assume that the following current asset and current liability accounts apply to the Harden Company for the

years $2021$ and $2022($note: the $???$ in the table is a figure that you must determine$).$

These are the only current asset and current liability accounts listed on the companys balance sheet. In $2022,$

Harden Company had net cash flow from operating activities of $$15,500.$ If Harden Company reported net

income in $2021$ of $$10,900,$ net income in $2022$ of $$11,200,$ depreciation expense in $2021$ of $$900,$ depreciation

expense in $2022$ of $$1300,$ paid a common stock dividend in $2021$ of $$1000,$ and paid a common stock dividend

in $2022$ of $$1300,$ what is $???$ in the table above?

$20212022$

Cash $1,6002,100$

Accounts receivable $5,2006,100$

Inventory $7,900???$

Notes payable $900600$

Accounts payable $1,4001,800$

Accruals $300500$

James Company

Current Asset and Current Liability Accounts

For the Years Ending December $31,$

$20212022$

Cash $32,20031,500$

Accounts receivable $64,80068,300$

Inventory $116,900107,200$

Notes payable $10,60010,600$

Accounts payable $11,600???$

Accruals $2,9001,700$

Net income $11,200$

Depreciation $1,300$

Hardin Company

Current Asset and Liability Accounts

For the Years Ending December $31,$