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The following account balances relate to the stockholders' equity accounts of Metlock, Inc. at year-end. Common stock, 10,500 and 10,000 shares, respectively, for 2022
The following account balances relate to the stockholders' equity accounts of Metlock, Inc. at year-end. Common stock, 10,500 and 10,000 shares, respectively, for 2022 and 2021 Preferred stock, 5,000 shares Retained earnings 2022 2021 $159,000 $135,100 119,600 119,600 299,500 253,100 A small stock dividend was declared and issued in 2022. The market price of the shares was $10,700. Cash dividends were $15,000 in both 2022 and 2021. The common stock has no par or stated value. What was the amount of net income reported by Metlock, Inc. in 2022? Net income $ +A eTextbook and Media Determine the amounts of any cash inflows or outflows related to the common stock and dividend accounts in 2022. Common stock Dividends SA $ $ eTextbook and Media Indicate where each of the cash inflows or outflows identified in (b) would be classified on the statement of cash flows. Common stock Dividends eTextbook and Media n/was/ui/v2/assessment-plaver/index.html?launchld=0d135761-82be-41af-b0f7-3704e70827f7#
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