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What are the soulutions to the red boxes? Skysong, Inc.'s comparative balance sheets are presented below. Additional information: 1. Net income was $22,400. Dividends declared
What are the soulutions to the red boxes?
Skysong, Inc.'s comparative balance sheets are presented below. Additional information: 1. Net income was $22,400. Dividends declared and paid were $15,700. 2. No noncash investing and financing activities occurred during 2022. 3. The land was sold for cash of $4,900. Shyient. Inc. Statcacet of Cas Fhew 5 Asfotments to reconcle net income to Ner cash Aowionsly Oewratice ketivties a 5 Sale ortand Onctere in Accounti Rrcelvable Decrene in Acctunte Pevible Net Cah Frovided by Operating Retivities o Cash flaw trom lovesting Actwiter Sale of Land Canh Elow from finunking Activiti Issunce of Common Stock 1800 Parment of Dividend: Net Cush Ured br Financint Activitien Net Increase in Cash Cash at Beysining of Period Cinhat Endot Period 5 Step by Step Solution
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