I really need help with this one. I have tried many times but every time i put the answers it says it is incorrect.

for example is if the net income us 500,000 it will show as wrong answer but this is what i keep getting as my answer for that one

The comparative balance sheet or LIVETS WERE TE 1 Dec 31, 2013 Dec 31, 2012 2 Assets 3 Cash $155,000.00 - Accounts receivable (net) 450,000.00 $150,000.00 400,000.00 750,000.00 5 Inventories 770,000.00 6 Investments 0.00 100,000.00 7 Land 500,000.00 0.00 1,400,000.00 (600,000.00) $2,675,000.00 1.200,000.00 (500,000.00) $2,100,000.00 11 $340,000.00 $300,000.00 Equipment Accumulated depreciation equipment Total assets Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) 13 Accrued expenses payable (operating expenses) Dividends payable Common stock 54 par Paid-in capital Excess of issue price over par-common stock Retained caring Total abilities and stockholders equity 50,000.00 45,000.00 30,000.00 25,000.00 700,000.00 600,000.00 200,000.00 175,000.00 950,000.00 1.360,000.00 $2,675,000.00 $2,100,000.00 Calculator Print Item eBook Show Me How $340,000.00 45,000.00 Instructions Liabilities and Stockholders' Equity 12 Accounts payable (merchandise creditors) 15 Accrued expenses payable (operating expenses) 14 Dividends payable 33 Common stock, 54 par 16 Paid-in capital: Excess of issue price over par-common stock 17 Retained earnings Total liabilities and stockholders' equity $300,000.00 50,000.00 25,000.00 600,000.00 30,000.00 700,000.00 200,000.00 175,000.00 1,360,000.00 950,000.00 $2,100,000.00 18 $2,675,000.00 Additional data obtained from an examination of the accounts in the ledger for 2013 are as follows: a. The investments were sold for $175,000 cash b. Equipment and land were acquired for cash. c. There were no disposals of equipment during the year. d. The common stock was issued for cash e. There was a $500,000 credit to Retained Earnings for net income. t. There was a $90,000 debit to Retained Earnings for cash dividends declared. Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. Be sure to complete the heading of the statement. Enter amounts that represent cash outflows as negative numbers using a minus sign Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash flow from operating activities: Depreciation Gain on sale of investments Changes in current operating assets and liabilities: Increase in accounts receivable Increase in inventories Increase in accounts payable Decrease in accrued expenses payable Net cash flow from operating activities Cash flows from investing activities: Cash received from sale of investments Less cash paid for purchase of land Less cash paid for purchase of equipment Net cash flow used for investing activities Cash flows from financing activities: Cash received from sale of common stock Less cash paid for dividends Net cash flow from financing activities Increase in cash Cash at the beginning of the year Cash at the end of the year Transactions Debit Credit Balance, Dec. 31, 2015 585,920 208,960 617,120 240,000 Balance, Dec. 31, 2016 625,760 227,840 641,760 Cash Accounts receivable (net) Inventories Investments Land Equipment Accum. depr. - equipment Accounts payable Accrued expenses payable Dividends payable Common stock, $2 par Paid-in capital in excess of par Retained earnings Totals Operating activities: Net income Depreciation Gain on sale of investments Increase in accounts receivable Increase in inventories Increase in accounts payable Decrease in accrued expenses payable Investing activities: Purchase of equipment Purchase of land 328,000 705,120 (166,400) (424,480) (42,240) (24,000) (150,000) (417,500) 553,120 (148,000) (404,960) (52,640) (19,200) (100,000) (280,000) (1,200,320) HHHHH Sale of investments Financing activities: Declaration of cash dividends Sale of common stock Increase in dividends payable Net increase in cash Totals