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Each of the following independent situations represents amounts shown on the four basic financial statements. 1. Revenues =$24,000; Expenses =$16,500; Net income = 2. Increase

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Each of the following independent situations represents amounts shown on the four basic financial statements. 1. Revenues =$24,000; Expenses =$16,500; Net income = 2. Increase in stockholders' equity =$16,000; Issuance of common stock =$10,000; Net income =$10,500; Dividends = 3. Assets =$22,400;;tockholders' equity =$17,000; Liabilities = 4. Total change in cash =$23,000; Net operating cash flows =$31,000; Net investing cash flows =($14,000); Net financing cash flows = Required: Fill in the formulas and missing blanks using your knowledge of amounts that appear on the financial statements

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