Required Information Reporting Amounts on the Four Basic Financial Statements and Evaluating LO 1-3] [The following information applies to the questions displayed below.) The following information for the year ended December 31, 2021, was reported by Nice Accounts Payable Accounts Receivable Cash (balance on January 1, 2021) Cash (balance on December 31, 2020) Common Stock Dividends Equipment Income Tax Expense Interest Expense Inventory Notes Payable Office Expense Prepaid Rent Retained Earnings (beginning) Salaries and Wages Expense Service Revenue Utilities Expense Salaries and Wages Payable $ 45,000 22,800 103,500 102,800 180,500 0 136,700 10,100 29,500 17,200 23,600 14,300 7,000 6,300 35,700 137,800 25,100 8,000 Other cash flow information: Cash from issuing common stock Cash paid to reacquire common stock Cash paid for income taxes Cash paid to purchase long-term assets Cash paid to suppliers and employees Cash received from customers $ 21,000 23,500 11,000 41,000 83,200 137,000 Drau 0 Required information NICE BITE Incorporated Statement of Cash Flows $ Cash Flows from Operating Activities Cash Paid to Suppliers and Employees Cash Received from Customers Cash Paid for Income Taxes 83,200 13,700 11,000 $ 107,900 DS Cash Used in Operating Activities Cash Flows from Investing Activities Cash Paid to Purchase Long-Term Assets 41,000 41,000 Cash Used in Investing Activities Cash Flows from Financing Activities Cash from Issuing Common Stock Cash Paid to Reacquire Common Stock 0 $