Kampy Krusty Corp.'s transactions for the year ended December 31, 20XX included the following:

* Kampy Krusty Corp. borrowed $110,000 they signed a 9%note

* Kampy Krusty Corp purchased real estate for $110,000

*Sold investment securities for $100,000

* Paid dividends of $120,000

* Issued 500 shares of common stock for $50,000

* Purchased machinery and equipment for $25,000 cash

* Paid $90,000 toward a bank loan

* Reduced accounts receivable by $20,000

*Increased accounts payable by $40,000

Kampy Krusty's net cash used in investing activities for 20XX was:

a. $135,000

b. $75,000

c. $35,000

d. $10,000

2.The Bartman Corporation * Bartman began operations on January 2, 2013, with an investment of $62,000 by each of its two stockholders. * Net income for the first year of business was $218,000 and Bartman paid a total of $132,000 in dividends to its stockholders during the year. How much is the balance in the ending retained earnings account as of December 31, 2013?

a. $86,000

b. $191,000

c. $124,000

d. Some other amount