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please hurry Consider the Sources and Uses for Gatorville, Corp. The firm reported $60M in Net Income for 2019. Assets 2019 Source Use Cash $16

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Consider the Sources and Uses for Gatorville, Corp. The firm reported $60M in Net Income for 2019. Assets 2019 Source Use Cash $16 2018 66 $25 6 Marketable Securities 115 72 7 Accounts Receivable 191 108 24 Inventories $388 167 Total Current $195 $372 17 Assets 63 178 Gross Fixed Assets $132 50 Less: Accumulated $520 $128 Depreciation $500 Net Fixed Assets $136 10 Total Assets 204 $126 16 210 Accounts Payable $356 25 Notes Payable 45 $361 5 Notes Payable 45 $361 5 Accruals $401 40 Total Current $401 Liabilities $20 L-T Debt 99 $20 Total Liabilities $119 79 $520 $99 Common Stock $500 Retained Earnings Total Stockholders' Equity Totals Total Debt & Stockholders' Equity Determine whether changes in the following accounts should be classified as Source or Use. Enter your responses in order in the appropriately box. 1. Cash 2. Accumulated Depreciation Determine whether changes in the following accounts should be classified as Source or Use. Enter your responses in order in the appropriately box. 1. Cash 2. Accumulated Depreciation 3. Notes Payable 4. Retained Earnings 6. Calculate Dividends paid for 2019 and enter your answer in Box 6. Do not use a dollar sign, comma, or decimal. A/ A A

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