The following information pertains to Alpha Computing at the end of 2021: Assets Liabilities Net Income Common Stock $1,000,000 $ 460,000 $ 3 305,000 $ 310,000 Alpha Computing's Retained Earnings account had a zero balance at the beginning of 2021. What amount of dividends did the company declare in 2021? Multiple Choice $76,000 $77,000 O $78,000 O O $75,000 In 2021, Hope Company incurred sales on account of $165,000. The company also has the following information: December 31, December 31, 2021 2020 $ 22,500 $ 62,000 $ 66,000 $ 41,600 Accounts Receivable Accounts Payable What is the amount of cash received from customers for Hope Company in 2021? Multiple Choice $165,000 $174,400 $140,500 $204,500 A company purchases its inventory from suppliers on account. During the year, its inventory account increased by $18 million and its accounts payable to suppliers decreased by $3 million. If cost of goods sold was $530 million, its cash outflows to inventory suppliers totaled: Multiple Choice O $551 million. O $545 million O $509 million. $515 million