QUESTION 17 The E Carp has the shelthening Dr advertising 3,000 63 000000 5820005640 000 75.000.000 31000 140000160 000 20.000 10.000 200 200.000 1370300 Enn Corp had a 2017 net income of Se9,200. The income stament showed 120,000 of deption expe The land plant and nupt we Cash flow from ancing actes i pachased for cash. The common stock and bonds were ind for ash Erie paid $10,000 dinides and paid off so don s The first blank in for a delar amunt. Do not use the 5 sign or decimals in your answer. Commes Use the following abbreviations for the second blank O for au E Gain on sale of equipment QUESTION 17 The Erin Corp has the following balance sheet accounts for the years ending December 31st Cash 2015 2016 Change $15,000 $8000 $7,000 Accounts receivable 30 000 20,000 -10 000 Inventory Prepaid advertising 22.000 5.000 24.000 2.000 .000 3.000 Land Plant and equipment Accumulated depreciation Totals Accounts payable 60 000 100 000 40,000 500.000 550.000 50,000 50.000 70 000 20,000 $582.000 $640.000 $28.000 $ 35.000 $7,000 Wages payable 7600 2.400 200 Notes payable 79.000 46.000 33.000 Bonds payable 140 000 160 000 20.000 Common stock 190.000 200.000 10.000 Retained earnings Totals 137 400 196 600 59.200 $562,000 $640.000 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. Erin paid $10,000 in dividends and paid off some short term notes Cash flow from financing activities is S net cash The first blank is for a dollar amount. Do not use the S sign or decimals in your answer. Commas are ok. Use the following abbreviations for the second blank I for inflow O for outflow