eft:0:17:10 Mahbub Abdulkadir: Attempt 1 Previous Page Next Page Page 7 of 15 Question 7 (7 points) At the end of 2011 Mardle Inc. reported retained earnings of $1,255. At the end of 2012, the retained earnings were $4,959. If Mardle Inc. had net income of $4,092 in 2012, what was the amount of dividends paid by Mardle in 2012? (Record your answer without a dollar sign and without commas-for example, record $2,400 as 2400). Your Answer Answer Previous Page Next Page Page 7 of 15 Submit Quiz 6 of 15 questions saved 3 5 6 8 Previous Page Next Page Page 8 of 15 Question 8 (7 points) Mertis, Inc. reported Net fixed assets as follows on its Balance sheets for December 31, 2016 and December 31, 2017 look as follows: Net fxed assets 815,000 865,000 On its 2017 Income statement, Mertis recorded depreciation expense of $30,809.What amount of cash did Mertis spend in 2017 on new fixed assets? (Record your answer without a dollar sign and without commas, for example, record $32,400 as 32400). Your Answer Next Page Page 8 of 15 6 of 15 questions savecd command