Question 14 Oriole Company's balance sheet accounts as of December 31, 2021 and 2020 and information relating to 2021 activities are presented below. December 31, 2021 2020 $ 201000 Assets Cash Short-term investments Accounts receivable (net) Inventory Long-term investments Plant assets Accumulated depreciation Patent Total assets 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 $ 441000 599000 1010000 1360000 401000 3390000 (899000) 179000 $6481000 1010000 1180000 599000 1990000 (899000) 201000 $4282000 $1450000 $1680000 578000 1597000 801000 1825000 $6481000 1390000 499000 943000 $4282000 Information relating to 2021 activities: Net income for 2021 was $1480000. Cash dividends of $598000 were declared and paid in 2021. Equipment costing $1000000 and having a carrying amount of $320000 was sold in 2021 for $360000. A long-term investment was sold in 2021 for $320000. There were no other transactions affecting long-term investments in 2021. 20700 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 used in Oriole's 2021 investing activities was 0 $1680000. $1819000. $1720000. $2319000