{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-29T02:33:10-04:00", "answer_date": "2024-06-29 02:33:10", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4449531", "url": "\/study-help\/questions\/the-net-income-of-watson-co-was-5m-for-the-4449531", "question_creation_date_js": "2024-06-29T02:33:10-04:00", "question_creation_date": "Jun 29, 2024 02:33 AM", "meta_title": "[Solved] The net income of Watson Co. was $5M for | SolutionInn", "meta_description": "Answer of - The net income of Watson Co. was $5M for the year ended December 31, 2021. Additional information as follows: Deprecia | SolutionInn", "meta_keywords": "net,income,watson,$5m,year,ended,december,31,2021,additional,information,depreciation", "question_title_h1": "The net income of Watson Co. was $5M for the year ended December 31, 2021. Additional information as follows: Depreciation on fixed assets $1,100,000 Gain", "question_title": "The net income of Watson Co. was $5M for the year ended", "question_title_for_js_snippet": "The net income of Watson Co was $5M for the year ended December 31, 2021 Additional information as follows Depreciation on fixed assets $1,100,000 Gain from the sale of land 300,000 Increase in accounts payable 200,000 Dividends paid on preferred stock 400,000 Share of income in equity method investee 700,000 Cash dividends received from equity method investee 100,000 The net cash provided by operating activities in the statement of cash flows for the year ended December 31, 2021, is ", "question_description": "
  1. The net income of Watson Co. was $5M for the year ended December 31, 2021. Additional information as follows:<\/li><\/ol>

    <\/p>

    Depreciation on fixed assets $1,100,000<\/p>

    Gain from the sale of land 300,000<\/p>

    Increase in accounts payable 200,000<\/p>

    Dividends paid on preferred stock 400,000<\/p>

    Share of income in equity method investee 700,000<\/p>

    Cash dividends received from equity method investee 100,000<\/p>

    <\/p>

    The net cash provided by operating activities in the statement of cash flows for the year ended December 31, 2021, is:<\/p>

    <\/p>", "transcribed_text": "", "related_book": { "title": "Accounting Principles", "isbn": "1119491630, 978-1119491637, 978-0470534793", "edition": "10th Edition", "authors": "Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/54.jpg", "uri": "\/textbooks\/accounting-principles-10th-edition-54", "see_more_uri": "" }, "free_related_book": { "isbn": "154203809X", "uri": "\/textbooks\/the-starfish-sisters-a-novel-978-1542038096", "name": "The Starfish Sisters A Novel", "edition": "" }, "question_posted": "2024-06-29 02:33:10", "see_more_questions_link": "\/study-help\/questions\/business-business-communication-2023-February-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/sketch-the-direction-field-of-the-differential-passes-through", "description": "Sketch the direction field of the differential equation. 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