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Edwin incurred, during that same year, salary expense of $34 million, rent expense of $23 million, and expense of $16 millionEdwin declared and paid dividends
Edwin incurred, during that same year, salary expense of $34 million, rent expense of $23 million, and expense of $16 millionEdwin declared and paid dividends of $16 million during the year. At December , 2021, Edwin had cash of $185 million, accounts receivable of $70 million, property and equipment of $35 , and other long-term assets of $22 millionAt December 31, 2021, the company owed accounts payable of $56 million and had a long-term note payable of $26 millionEdwin began 2021 with a balance in retained earnings of $73 millionAt December 31, 2021Edwin had total stockholders equity of $230 , which consisted of common stock and retained earningsEdwin has a year-end of December 31.
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