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Please help with step by step explanation 16) Klicker Corporation's most recent balance sheet appears below Comparative Balance Sheet Beginning Balance Ending Balance Assets Current

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16) Klicker Corporation's most recent balance sheet appears below Comparative Balance Sheet Beginning Balance Ending Balance Assets Current assets: $30 $27 Cash and cash equivalents 31 Accounts receivable 58 61 Inventory 125 119 Total current assets 593 480 Property, plant, and equipment 223 205 Less accumulated depreciation 370 275 Net property, plant, and equipment $495 $394 Total assets Liabilities and stockholders' equity Current liabilities: Accounts payable $39 $38 Accrued liabilities 15 18 28 28 Income taxes payable 84 82 Total current Sabilities 120 Bonds payable 107 204 Total iabilities Stockholders' equity Common stock 189 34 30 Retained earnings 272 160 Total stockholders' equity 306 190 Total liabilities and stockholders' equity $495 $394 The company's net income for the year was $152 and it did not issue any bonds or repurchase any of its common stock during the year. Cash dividends were $40. The net cash provided by (used in) financing activities for the year was

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