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During 2022, Gross Company earned net income of $384,000, which included depreciation expense of $78,000. In addition, the company experienced the following changes in the

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During 2022, Gross Company earned net income of $384,000, which included depreciation expense of $78,000. In addition, the company experienced the following changes in the account balances listed below. Increases Accounts receivable $12,000 Inventory $24,000 Decreases Unearned Revenues Accrued liabilities Prepaid insurance $45,000 $33,000 $24,000 Assuming the indirect method, what amount will be shown for net cash provided by operating activities? Select one: a. $372,000 b. $420,000 O c. $294.000 O d. $267.000 e. $492,000 Assume common stock is issued by a corporation for a cash price above par value; the Common Stock account is listed on the balance sheet at what amount? Select one: a. Par value less cash price b. Cash price less par value OC Cash price d. Par value The following accounts appear in the ledger of Hilu Corporation on December 31: Preferred Stock $30,000 Common Stock 46,000 Additional Paid in Capital, Preferred 7,000 Accumulated Depreciation 18,000 Retained Earnings 40,000 A balance sheet prepared on December 31 would report total stockholders' equity of Select one: a. $76,000 b. $83,000 c. $ 101,000 d. $141,000 e. $123,000 Bolt Corporation had the following shares of stock outstanding on December 31, 2021: Common stock, $50 par value, 200,000 shares outstanding Preferred stock, 8 percent, $100 par value, cumulative, 10,000 shares outstanding Dividends were in arrears for 2020 and 2019. On December 31, 2021, total cash dividends of $800,000 were declared. The total amounts payable to preferred stockholders and common stockholders, respectively, are: Select one: a. $360,000 and $440,000 b. $480,000 and $320,000 c. $320,000 and $480,000 d. $400,000 and $400,000 e. $240,000 and $560,000

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