Comparative consolidated balance sheet data for Iverson, Inc., and its 80 percent-owned subsidiary Oakley Co. follow: 2018 2017 Cash Accounts receivable (net) Merchandise inventory Buildings and equipment (net) Trademark Totals Accounts payable Notes payable, long-term Noncontrolling interest Common stock, $10 par Retained earnings (deficit) Totals $ 34,100 17,750 46,000 51,250 111,000 121,500 $390,050 347,500 106,050 86,750 31,800 53,250 200,000 64,000 95,450 93,300 103,200 62,250 200,000 21,750 (24,300) $390,050 $ 347,500 Additional Information for Fiscal Year 2018 Iverson and Oakley's consolidated net income was $68,250 Oakley paid $6,000 in dividends during the year. Iverson paid $12,000 in dividends Oakley sold $16,900 worth of merchandise to lverson during the year There were no purchases or sales of long-term assets during the year In the 2018 consolidated statement of cash flows for Iverson Company: Net cash flows from operating activities were Multiple Choice $6,900. $38,600. $19,300 $61,350