Unit 9 Assignment Q8

Data

a,b,c

Question 8 of 9 - /6 View Policies Current Attempt in Progress The following account balances relate to the stockholders' equity accounts of Bonita Corp. at year-end. 2022 2021 Common stock, 10.500 and 10.000 shares, issued and outstanding respectively. for 2022 and 2021 Preferred stock 5,000 shares, issued and outstanding Retained earnings $161.800 $132.900 147.000 147,000 301.800 253.200 A small stock dividend was declared and issued in 2022. The market price of the shares issued was $10.500. 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 Bonita Corp. in 20222 Net income S e Textbook and Media Save for Later Attempts:0 of Sused Submit Ander (b) Determine the amounts of any cash inflows or outflows related to the common stock and dividend accounts in 2022 Common stock $ Dividends $ e Textbook and Media Save for Later Attempts: 0 of 5 used Submit Answer (c) Indicate where each of the cash inflows or outflows identified in (b) would be classified on the statement of cash flows. Common stock Dividends Financing Investing Operating eTextbook and Media Save for Laser Attempts: 0 of 5 used Submit Antwer