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The balance sheet data of Oriole Company at the end of 2021 and 2020 follow: Cash Accounts receivable (net) Inventory Prepaid expenses Buildings and equipment

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The balance sheet data of Oriole Company at the end of 2021 and 2020 follow: Cash Accounts receivable (net) Inventory Prepaid expenses Buildings and equipment Accumulated depreciation-buildings and equipment Land Totals 2021 $ 102000 241000 281000 38000 362000 (73000) 362000 $1313000 2020 $ 141000 180000 182000 104000 302000 (33000) 162000 $1038000 $274000 47000 $218000 74000 164000 Accounts payable Accrued expenses Notes payable--bank, long-term Mortgage payable Common stock, $10 par Retained earnings (deficit) 120000 841000 31000 $1313000 641000 (59000) $1038000 Land was acquired for $200000 in exchange for common stock, par $200000, during the years all equipment purchased was for cash. Equipment costing $22000 was sold for $6000: book value of the equipment was $14000 and the loss was reported as an ordinary item in net income. Cash dividends of $31000 were charged to retained earnings and paid during the years the transfer of net income to retained earnings was the only other entry in the Retained Earnings account. In the statement of cash flows for the year ended December 31, 2021, for Oriole Company The net cash provided by operating activities was 5121000 5112000. 5104000. 596000, The balance sheet data of Oriole Company at the end of 2021 and 2020 follow: Cash Accounts receivable (net) Inventory Prepaid expenses Buildings and equipment Accumulated depreciation-buildings and equipment Land Totals 2021 $ 102000 241000 281000 38000 362000 (73000) 362000 $1313000 2020 $ 141000 180000 182000 104000 302000 (33000) 162000 $1038000 $274000 47000 $218000 74000 164000 Accounts payable Accrued expenses Notes payable--bank, long-term Mortgage payable Common stock, $10 par Retained earnings (deficit) 120000 841000 31000 $1313000 641000 (59000) $1038000 Land was acquired for $200000 in exchange for common stock, par $200000, during the year; all equipment purchased was for cash. Equipment costing $22000 was sold for $6000; book value of the equipment was $14000 and the loss was reported as an ordinary item in net income. Cash dividends of $31000 were charged to retained earnings and paid during the years the transfer of net income to retained earnings was the only other entry in the Retained Earnings account. In the statement of cash flows for the year ended December 31, 2021, for Oriole Company The net cash provided by operating activities was O $121000 O $112000 O $104000. O $96000

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