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XYZ Corp announces and pays a dividend of $90 this period. XYZ Corp's balance sheet at the beginning of this period is shown below. Change
XYZ Corp announces and pays a dividend of $90 this period. XYZ Corp's balance sheet at the beginning of this period is shown below. Change all the numbers (if any) on the balance sheet to show the effect of the $90 dividend on the balance sheet at the end of this period. Cash 100 Accounts Payable 25 Accounts Receivable 30 Other Current Liabilities 35 Inventory 40 450 Long-Term Debt Paid-In Capital 50 Equipment: Original Cost 1000 Equipment: Depreciation 500 Retained Earnings 110
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