Part II: Open Ended Accounting Problems Instructions: Determine a final numerical answer for each question. You will record your ANSWERS ONLY on THPS-1 Answer Submission Form on iCollege. For dollar answers (unless otherwise specifically instructed), round (if necessary) to 2 decimal places, but do NOT include a dollar sign or any commas on iCollege. For example, record $24,302.84962 as 24303.85. For percent answers (unless otherwise specifically instructed), round (if necessary) to 1 decimal place, but do NOT include a percent sign on iCollege. For example, record 0.154863 = 15.4863% as 15.5. 26. Assume that the following current asset and current liability accounts apply to the James Company for the years 2020 and 2021 (note: the ??? in the table is a figure that you must determine). James Company Current Asset and Current Liability Accounts For the Years Ending December 31, 2020 2021 Cash 1,600 2,100 Accounts receivable 5,200 5,900 Inventory 8,600 ??? Notes payable Accounts payable Accruals 900 600 1,400 1,900 1,200 800 These are the only current asset and current liability accounts listed on the company's balance sheet. In 2021, James Company had net cash flow from operating activities of $400. If James Company reported net income in 2020 of $1600, net income in 2021 of $1300, depreciation expense in 2020 of $100, depreciation expense in 2021 of $200, paid a common stock dividend in 2020 of $100, and paid a common stock dividend in 2021 of $300, what is ??? in the table above? For this question, record your answer as whole dollar amount (i.e., no cents). 27. Assume that the following current asset and current liability accounts apply to the Harden Company for the years 2020 and 2021 (note: the ??? in the table is a figure that you must determine). Hardin Company Current Asset and Liability Accounts For the Years Ending December 31, 2020 2021 Cash Accounts receivable Inventory 31,500 68,400 63,800 31,500 106,900 117,200 Notes payable 10,600 10,600 Accounts payable Accruals 11,600 2,900 ??? 1,700 These are the only current asset and current liability accounts listed on the company's balance sheet. In 2021, Harden Company had net cash flow from operating activities of $8,600. If Harden Company reported net income in 2020 of $7900, net income in 2021 of $11,200, depreciation expense in 2020 of $2900, depreciation expense in 2021 of $3100, paid a common stock dividend in 2020 of $1000, and paid a common stock dividend in 2021 of $1300, what is ??? in the table above? For this question, record your answer as whole dollar amount (i.e., no cents).