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The following account balances relate to the stockholders' equity accounts of Splish Brothers Inc. at year-end. Common stock, 10,500 and 10,000 shares, issued and

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The following account balances relate to the stockholders' equity accounts of Splish Brothers Inc. at year-end. Common stock, 10,500 and 10,000 shares, issued and 2022 2021 outstanding, respectively, for 2022 and 2021 $162,600 $138,200 Preferred stock, 5,000 shares, issued and outstanding 147,900 147,900 Retained earnings 301,300 253,300 A small stock dividend was declared and issued in 2022. The market price of the shares was $11.500. Cash dividends of $16,900 were declared and paid in both 2022 and 2021. The common stock and preferred stock have no par or stated value. (a) Your answer is correct What was the amount of net income reported by Splish Brothers Inc. in 2022? Net income (b) eTextbook and Media 76400 Attempts: 1 of 3 used Your answer is partially rrect. Determine the amounts of any cash inflows or outflows related to the common stock and dividend accounts in 2022. Common stock $ Dividends Inflow Outflow

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