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ARTinc sected tem from 2019 anda sements Income itement les Sale $ 2.300.000 Cost of goods sola $1,200,000 Depreciation $ 150.000 $ 200,000 Net Income $100,000 Number of shares 500,000 Dividend per share SOAD Balance Sheet Items Net fixed assets $400,000 Retained Earrings 57,800,000 Total Equity $112.500.000 14. What was APT Inc's increase in retained earnings during 2017 $240,000 Deprecation Net Income Dividend per share Balance et les Net seda Retained Barrings Total Equity 14. What was APT Ine's increase in the earlies during 2017 O $240.000 O $200,000 $100,000 $ 300,000 Previous Nie trossene Name of the Dividend per share S40 Balance Sheetlens Needs Retained amnings Total Equity $ 400.00 $7,500 $ 1123 15. APT Incs depreciation expense varies directly with sales Sales are projected to in expenditure is planned to be 50,500 in 2020, what would be the appropriate project $ 490, 500 $345.000 $ 318.000 5 378,000 Deprecation Interest expense Net Income Number of shares Dividend per share $ 300,000 500,000 S040 Balance Sheetlens Net fixed assets Retained Earnings Total Equity $100,000 $7,800,000 $ 112,500,000 15. APT Ine's depreciation expense varies directly with sales. Sales are projected to increase by 15 percent, and capital expenditure is planned to be $90,500 in 2020. what would be the appropriate projection for ret fouedssets in 20207 $ 490,500 $ 345,DOO $ 310,000 $ 378,000 Previous MacBook Air Net Income Number of shares Dividend per share TOOTED S040 Balance Sheet Items Net fixed assets Retained Earnings Total Equity $400,000 $7,800,000 $ 112,500,000 16. APT Ine's costs cost of goods sold varies directly with sales. For the next year, sales are projected to increase by 15 perc and days inventory outstanding is projected to be 73 days. What would be the appropriate projection for inventory in 202 $104,000 $186,000 $276,000 $242.000