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help me please A comparative balance sheet and income statement is shown for Cruz, Incorporated. CRUZ, INCORPORATED Income statement For Year Ended December 31, 2021
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A comparative balance sheet and income statement is shown for Cruz, Incorporated. CRUZ, INCORPORATED Income statement For Year Ended December 31, 2021 Sales Cost of goods sold Gross profit Operating expenses (excluding depreciation) Depreciation expense Income before taxes. Income taxes expense Net income $444,200285,900158,30081,20034,20042,90015,600$27,300 1. Assume that all common stock is issued for cash. What amount of cash dividends is paid during 2021? 2. Assume that no additional notes payable are issued in 2021. What cash amount is paid to reduce the notes payable balance in 2021? Complete this question by entering your answers in the tabs below. Assume that all common stock is issued for cash. What amount of cash dividends is paid during 2021 Step by Step Solution
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