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please give explanation on how to solve this The Erin Corp. has the following balance sheet accounts for the years ending December 31 st. Erin
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The Erin Corp. has the following balance sheet accounts for the years ending December 31 st. Erin Corp. had a 2017 net income of $69,200. The income statement showed $20,000 of depreciation expense. The land, plant, and equipment were purchased for cash. The common stock and bonds were issued for cash. Enin paid $10,000 in dividends and paid off some short-term notes payable. Erin had cash flow from operating activites of S[a] net cash [b] The first blank is for a dollar amount. Do not use the $ sign or decimals in your answer. Commas are ok. Use the following abbreviations for the second blank. If for inflow for outfiow The Erin Corp. has the following balance sheet accounts for the years ending December 31 st. Erin Corp. had a 2017 net income of $69,200. The income statement showed $20,000 of depreciation expense. The land, plant, and equipment were purchased for cash. The common stock and bonds were issued for cash. Enin paid $10,000 in dividends and paid off some short-term notes payable. Erin had cash flow from operating activites of S[a] net cash [b] The first blank is for a dollar amount. Do not use the $ sign or decimals in your answer. Commas are ok. Use the following abbreviations for the second blank. If for inflow for outfiow Step by Step Solution
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