Current Attempt in Progress The following T-account is a summary of the Cash account of Alixon Company. Cash (Summary Form) Balance, Jan. 1 Receipts from customers 8,000 364,000 Payments for goods 200,000 Dividends on stock investments 6,000 Payments for operating expenses 140,000 Proceeds from sale of equipment 36,000 Interest paid 10,000 Proceeds from issuance of Taxes paid 8,000 bonds payable Balance, Dec. 31 300,000 Dividends paid 316,000 40,000