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Illies Corporation's comparative balance sheet appears below: Beginning Balance Assets: Current assets: Cash and cash equivalents Accounts receivable Inventory. Total current assets. Property, plant, and
Illies Corporation's comparative balance sheet appears below: Beginning Balance Assets: Current assets: Cash and cash equivalents Accounts receivable Inventory. Total current assets. Property, plant, and equipment. Less accumulated depreciation Net property, plant, and equipment. Total assets. Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued wages and salaries payable. Accrued income taxes payable. www Notes payable. Total Total current liabilities, Long-term debt... Deferred income taxes. Total liabilities Stockholders' equity: Common stock. Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Select one: Ending Balance a. $7,000 b. $40,000 c. $29,000 d. $33,000 $ 40,000 19,000 67,000 126,000 358,000 $ 33,000 21,000 69,000 123,000 339,000 156,000 132,000 202,000 207,000 $328,000 $330,000 $ 18,000 35,000 23,000 19,000 95,000 82,000 25,000 202,000 $ 19,000 37,000 19,000 22,000 97,000 86,000 23,000 206,000 23,000 22,000 103,000 102,000 126,000 124.000 $328,000 $330,000 The company's net income (loss) for the year was $5,000 and its cash dividends were $4,000. The total dollar amount of all of the items that would be classified as uses when compiling a simplified statement of cash flows is: Time left.
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