tructions \begin{tabular}{|r|l|r|r|} \hline 11 & \multicolumn{1}{|c|}{ Liabilities and Stockholders' Equity } & \\ \hline 12 & Accounts payable & $772,600.00 & $747,990.00 \\ \hline 13 & Accrued expenses payable & 63,150.00 & 70,180.00 \\ \hline 14 & Dividends payable & 8,990.00 & 7,370.00 \\ \hline 15 & Common stock, $2 par & 56,000,00 & 32,000,00 \\ \hline 16 & Excess of paid-in capital over par & 408,000.00 & 192,000.00 \\ \hline 17 & Retained earnings & 2,066,990.00 & 1,881,370.00 \\ \hline 18 & Total liabilities and stockholders' equity & $3,375,730.00 & $2,930,910,00 \\ \hline \end{tabular} Additional data obtained from an examination of the accounts in the ledger for 20Y6 are as follows: a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year. c. The investments were sold for $175,190 cash. d. The common stock was issued for cash. c. The investments were sold for $175,190 cash. d. The common stock was issued for cash. e. There was a $28,580 debit to Retained Earnings for cash dividends declared. Labels and Amount Descriptions Labels December 31, 20Y6 For the Year Ended December 31, 20Y6 Amount Descriptions Cash dividends Cash paid for income taxes Cash paid for merchandise Cash paid for operating expenses h flows from (use Cash paid for purchase of equipment Cash paid for purchase of land Cash received from customers Cash received from customers Cash received from issuing common stock Cash received from sale of investments Net cash flows from operating activities Net cash flows from financing activities Net cash flows from investing activities Net cash flows used for operating activities Net cash flows used for financing activities Net cash flows used for investing activities Net decrease in cash Net increase in cash Canace Products inc. Score: 2/139 Statement of Cash Flows For the Year Ended December 31, 20Y6 Cash flows from (used for) operating activities: 2 3. 4 6 Cash flows from (used for) investing activities: Cash flows from (used for) financing activities: 13 14 is i7 Cash balance, lanuary 1, 20Y6 it Cash balance, December 51,20Y6