Jillidhcial Accounting (Winter 20 Bauman) ard / My courses / ACCT 2210 (Winter 20 Bauman) / Sections / Nano-Exams/ Nano-exam 2. Ch 13 - Cash Flow Statements ut of Savona Corp had the following information related to its long-term debt and shareholders' equity for the year ended Dec 31, 2021. 2021 2020 Long-term loan payable Common Shares Retained earnings 3,000 23,000 17,400 1,000 20,000 12,000 Other notes: A new loan for $4,000 was taken during 2021. Common shares were issued for cash. Cash dividends were paid. Net income for the year was $8,000. Cash paid for reduction of non-current debt Choose... Choose... Cash received on issuance of non-current debt Cash received on issuance of shares Choose... Choose... Cash paid for dividends