The following account balances relate to the stockholders' equity accounts of Waterway Corp. at year-end. A small stock dividend was declared and issued in 2022. The market price of the shares issued was $11,400. Cash dividends of $16,300 were declared and paid in both 2022 and 2021 . The common stock and preferred stock have no par or stated value. What was the amount of net income reported by Waterway Corp. in 2022? Net income $ Determine the amounts of any cash inflows or outflows related to the common stock and dividend accounts in 2022. Commonstock $ Dividends $ Indicate where each of the cash inflows or outflows identified in (b) would be classified on the statement of cash flows. Common stock Dividends