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During 2010, Cruz Company earned $5,000 in cash revenue, incurred $3,200 in cash expenses, and paid $500 in cash dividends to its owners. Based on

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During 2010, Cruz Company earned $5,000 in cash revenue, incurred $3,200 in cash expenses, and paid $500 in cash dividends to its owners. Based on this information, O retained earnings increased by $1,300 during the year. net income was $1,300 for 2010. the net cash flow from operating activities was $1,300 for the year. total assets increased by $1,800 during 2010

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