extbook Problems Saved Problem: Module 3 Textbook Problem 20 Learning Objective: 3-16 Show how the appropriation of retained earnings affects fir On December 30, Billy's Boat Yard (BBY) had $90,000 of cash, $20,000 of liabilities, $ unrestricted retained earnings. On December 31, BBY appropriated retained earnings in project. Required a. Record the December 31 appropriation in the following statements model. In the Cas operating activity (OA), investing activity (A), or financing activity (FA). If an element blank. b. Determine the amount of dividends that BBY can pay immediately after the Decembe c. Determine the total amount of retained earnings immediately after the December 31 d. Determine the total amount of cash immediately after the December 31 appropriatior Complete this question by entering your answers in the tabs below. extbook Problems Saved Problem: Module 3 Textbook Problem 20 Learning Objective: 3-16 Show how the appropriation of retained earnings affects fir On December 30, Billy's Boat Yard (BBY) had $90,000 of cash, $20,000 of liabilities, $ unrestricted retained earnings. On December 31, BBY appropriated retained earnings in project. Required a. Record the December 31 appropriation in the following statements model. In the Cas operating activity (OA), investing activity (A), or financing activity (FA). If an element blank. b. Determine the amount of dividends that BBY can pay immediately after the Decembe c. Determine the total amount of retained earnings immediately after the December 31 d. Determine the total amount of cash immediately after the December 31 appropriatior Complete this question by entering your answers in the tabs below