below.

a$.$ Conrad paid no dividends during the year and invested the funds in marketable securities$.$

b$.$ Conrad paid dividends totaling $$498,000$ and used the balance of the net income to retire $($pay off$)$ long$-$term debt.

c$.$ Conrad paid dividends totaling $$498,000$ and invested the balance of the net income in building a new hangar.

a$.$ If Conrad paid no dividends during the year and invested the funds in marketable securities$,$ the amount transferred to the balance sheet will be : $($Round to the nearest dollar.$)$

The revised marketable securities will be $$.($Round to the nearest dollar.$)$

Data table

The revised retained earnings will be $$,($Round to the nearest dollar.$)$

b$.$ If Conrad paid dividends totaling $$498,000$ and used the balance of the net income to retire $($pay off$)$ long$-$term debt, the amount transferred to the balance sheet will be $ $($Round to the nearest dollar.$)$

The revised long$-$term debt will be : $.($Round to the nearest dollar.$)$

The revised retained earnings will be $$,($Round to the nearest dollar.$)$

c$.$ If Conrad paid dividends totaling $$498,000$ and invested the balance of the net income in building a new hangar, the amount transferred to the balance sheet will be $ $($Round to the nearest dollar.$)$

The revised buildings will be $S,($Round to the nearest dollar.$)$

The revised retained earnings will be $$,($Round to the nearest dollar.$)$

$($Click the icon here $$ in order to copy the contents of the data table below into

a spreadsheet.$)$

Conrad Air, Inc. Balance Sheet

as of December $31,2021$