E1.9 (LO 3), AP Consider each of the following independent situations. a. The retained earnings statement of Lee Corporation shows dividends of $68,000, while net income for the year was $75,000. Interpretando troduction to Financial Statements E1.13 b. The statement of cash flows for Steele Corporation shows that cash provided by operating activities was $10,000, cash used in investing activities was $110,000, and cash provided by financing activities was $130,000 Instructions For each company, provide a brief discussion interpreting these financial facts. For example, you might discuss the company's financial health or its apparent growth philosophy. 10 income state