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Illies Corporation's comparative balance sheet appears below: Ending Beginning Balance Balance Assets: Current assets: Cash and cash equivalents Accounts receivable Inventory Total current assets Property,
Illies Corporation's comparative balance sheet appears below: Ending Beginning Balance Balance Assets: Current assets: Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net properly, plant, and equipment, Total assets... $ 40,000 $ 33,000 19,000 21,000 67,000 69,000 126,000 123.000 358,000 339,000 156,000 132,000 202,000 207,000 $328,000 $330,000 Liabilities and Stockholders' quity Current liabilities: Accounts payable Accrued wages and salaries payable. Accrued income taxes payable.. Notes payable.... Total current liabilities Long-term deht Deferred income taxes Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 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 36,000 23.000 206,000 23,000 22,000 103000 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: Select one: O a. $7,000 O b. $40,000 O c. $29,000 O d. $33,000
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