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Long-term Equity Investments The annual report of The Arcadia Company discloses the following amounts on its consolidated statement of income: Year 1 Year 2 Year

Long-term Equity Investments The annual report of The Arcadia Company discloses the following amounts on its consolidated statement of income:

Year 1 Year 2 Year 3
Equity in earnings of unconsolidated affiliates $350 $455 $570

Further, on Arcadia's consolidated balance sheet, it reports the following amounts for its investment in its unconsolidated affiliates:

Year 1 Year 2 Year 3
Investment in unconsolidated affiliates $10,500 $10,815 $11,050

Calculate the amount of cash dividends received by The Arcadia Company from its unconsolidated affiliates in Year 2 and Year 3.

Year 2

Year 3

Calculate the adjustment to net income that appears on Arcadia's statement of cash flow in Year 2 and Year 3 for "undistributed earnings of unconsolidated affiliates."

Year 2

Year 3

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