Question: i got 5300 as my answer for the inventory for 2021 is that correct ? 26. Assume that the following current asset and current liability
26. Assume that the following current asset and current liability accounts apply to the James Company for the years 2020 and 2021 (note: the ??? in the table is a figure that you must determine). James Company Current Asset and Current Liability Accounts For the Years Ending December 31, Cash Accounts receivable Inventory Notes payable Accounts payable Accruals 2020 1,200 3,800 7,900 300 2,100 700 2021 900 4,500 ??? 600 1,900 1,100 In 2021, James Company had net cash flow from operating activities of -$600 (i.e., negative 600 dollars). If James Company reported net income in 2020 of $1800, net income in 2021 of $2000, depreciation expense in 2020 of $300, depreciation expense in 2021 of $500, paid a common stock dividend in 2020 of $250, and paid a common stock dividend in 2021 of $300, what is ??? in the table above? For this question, record your answer as whole dollar amount (i.e., no cents)
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