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on we Rustion 14 (3 Grades) On January 1, 2018, Manama Company has 8% 80,000 shares of $10 per van Culem paid cash dividends as

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on we Rustion 14 (3 Grades) On January 1, 2018, Manama Company has 8% 80,000 shares of $10 per van Culem paid cash dividends as follows: Year 2018 2019 2020 Dividendes $50,000 $110,000 $190,000 Required: In the below table, determine the amount of cash dividends distributed to each class of wes over the tree you Please: Present each year in a separateline For the toolbar, press ALT F10 ( Por ALTFN+F10 (Mac). Paragraph Arial 10pt EA LIX600SFI21 (7 Gra) The following comparative balance sheets 1200 Assets Dec. 31 2020 Cash 5156.000 Accounts Receivable 52.000 Inventory and supplies 30,000 Investments 0 Machines 114,000 Accumulated depreciation Machines (28.000) Total Assets $324,000 D. 2019 520,000 43,000 58,000 35,000 104,000 (20.000) $252.000 Liabilities & Stockholders' Equity Note payable Bonds payable (long-term) Common Stock Retained Earnings Total Liabilities & Stockholders' Equity $ 74,000 74,000 80,000 96.000 $324.000 $ 54,000 94,000 44,000 60.000 $252.000 Income Statement & Additional information: 1. Net income for the current year ending December 31, 2020 is $58,000. 2. Sold investments for cash, cost $36,000 and resulting in $6,000 gain, 3. The only changes affecting retained earnings are net income and cash dividends paid, 4. All the following transactions are in cash: Purchased new machines, repay bonds payable, and issuance common su Required: Prepare the full statement of cash flows using indirect method for the year ended December 31, 2020 (PLEASE PROVIDE EACH Question 5 In bond financing. if the interest on bonds (contract rate) higher than the market interest rate the bonds will be mared with O A a specific maturity date. O B. premium on bonds payable. O Cdiscount on bonds payable. OD. par value. Moving to another question will save this response Question 6 When a company purchases machines by issuing a long term note payable for the entire wount the transaction should be reported on the statement of cushows en O A financing activities, the third section O B. operating activities, the first section O c. not included in cash flow statement. O D. Investing activities, the second

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