The following T-account is a summary of the Cash account of Alixon Company. Balance, Jan. 1 Receipts from customers Dividends on stock investments Cash (Summary Form) Payments for goods Payments for operating expenses Proceeds from sale of equipment Interest paid Proceeds from issuance of bonds payable 300,000 Taxes paid Balance, Dec. 31 8,000 364,000 6,000 36,000 316,000 Dividends paid 200,000 140,000 10,000 8,000 40,000

The following T-account is a summary of the Cash account of Alixon Company. Cash (Summary Form) Balance, Jan. 1 8,000 Receipts from customers 364,000 Payments for goods 200,000 Dividends on stock investments 6,000 Payments for operating expenses 140,000 Proceeds from sale of equipment 36,000 Interest paid 10,000 Proceeds from issuance of bonds payable 300,000 Taxes paid 8,000 Dividends paid 40,000 Balance, Dec. 31 316,000