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In 2021 , Fidgetland Corporation has the net income of $250,000 , the depreciation expense of $230,000 , the preferred of $10,000 , and the

In 2021 , Fidgetland Corporation has the net income of

$250,000

, the depreciation expense of

$230,000

, the preferred of

$10,000

, and the common stock dividends paid of

$140,000

.\ \\\\table[[Comparative Balance Sheets],[,Year-End 2020,Year-End 2021],[Asset],[Current assets:],[Cash,

$100,000

,

$120,000
image text in transcribed
In 2021 , Fidgetland Corporation has the net income of $250,000, the depreciation expense of $230,000, the preferred of $10,000, and the common stock dividends paid of $140,000. In 2021 , Fidgetland Corporation has the net income of $250,000, the depreciation expense of $230,000, the preferred of $10,000, and the common stock dividends paid of $140,000

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