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Options: $1,080,000. $480,000. $1,680,000. $520,000. Jamison Corp.'s balance sheet accounts as of December 31, 2021 and 2020 and information relating to 2021 activities are presented

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$1,080,000.

$480,000.

$1,680,000.

$520,000.

Jamison Corp.'s balance sheet accounts as of December 31, 2021 and 2020 and information relating to 2021 activities are presented below. December 31, 2021 2020 $ 200,000 Assets Cash Short-term investments Accounts receivable (net) Inventory Long-term investments Plant assets Accumulated depreciation Patent Total assets $ 440,000 600,000 1,020,000 1,380,000 400,000 3,400,000 (900,000) 180,000 $6,520,000 1,020,000 1,200,000 600,000 2,000,000 (900,000) 200,000 $4,320,000 $1,440,000 Liabilities and Stockholders' Equity Accounts payable and accrued liabilities Notes payable (nontrade) Common stock, $10 par Additional paid-in capital Retained earnings Total liabilities and stockholders' equity $1,660,000 580,000 1,600,000 800,000 1,880,000 $6,520,000 1,400,000 500,000 980,000 $4,320,000 Information relating to 2021 activities: Net income for 2021 was $1,500,000. Cash dividends of $600,000 were declared and paid in 2021. Equipment costing $1,000,000 and having a carrying amount of $320,000 was sold in 2021 for $360,000. A long-term investment was sold in 2021 for $320,000. There were no other transactions affecting long-term investments in 2021. 20,000 shares of common stock were issued in 2021 for $25 a share. Short-term investments consist of treasury bills maturing on 6/30/22. Net cash provided by Jamison's 2021 financing activities was

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