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The following account balances relate to the stockholders' equity accounts of Metlock, Inc. at year-end. 2022 2021 Common stock, 10,760 and 10,260 shares, respectively, for
The following account balances relate to the stockholders' equity accounts of Metlock, Inc. at year-end. 2022 2021 Common stock, 10,760 and 10,260 shares, respectively, for 2022 and 2021 Preferred stock, 5,410 shares Retained earnings $167,130 124,430 279,560 $146,330 124,430 265,590 A small stock dividend was declared and issued in 2022. The market price of the shares was $8,220. Cash dividends were $21,640 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 $ e Textbook and Media Determine the amounts of any cash inflows or outflows related to the common stock and dividend accounts in 2022. Cash flow related to common stock account $ Cash flow related to dividend account e Textbook and Media Indicate where each of the cash inflows or outflows identified in (b) would be classified on the statement of cash flows. Cash flow related to common stock account Cash flow related to dividend account e Textbook and Media
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