Current Attempt in Progress The comparative balance sheets for Tamarisk Corporation appear below: TAMARISK CORPORATION Comparative Balance Sheet Assets 2022 2021 Cash $44,500 $ 31,000 87.000 61,500 Accounts receivable (net) Prepaid insurance Land 22,300 17.700 17,000 48.500 71,000 61.500 (14.400) (17.300) $ 224,500 $ 205,800 Equipment Accumulated depreciation Total assets Liabilities and Stockholder's Equity Accounts payable Bonds payable Common stock Retained earnings Total liabilities and stockholder's equity $ 21.000 $8,000 27.400 18,000 141,000 117.000 35,100 62.800 $ 224,500 $ 205,800 1 2 3 Additional information: Net loss for 2022 is $ 12,000. Net sales for 2022 are $ 350,000. 2. Cash dividends of $ 18,000 were declared and paid in 2022. Land was sold for cash at a loss of $3,200. This was the only land transaction during the year. Equipment with a cost of $ 17,100 and accumulated depreciation of $11.000 was sold for $6,100 cash. $ 13,000 of bonds were retired during the year at carrying (book) value. Equipment was acquired for common stock. The fair value of the stock at the time of the exchange was $ 33,000 4. 5. 6 any answer field blank. Enter o for amounts.) TAMARISK CORPORATION Statement of Cash Flows For the Year Ended December 31, 2022 ish Flows from Operating Activities $ et Income /(Loss) istments to reconcile net income to it Cash Provided by Operating Activities 2 $ spreciation Expense oceeds from the sale of Land