Question: Marigold Corp's comparative balance sheets are presented below Marigold Corp. Comparative Balance Sheets December 31 2019 2018 Cash Accounts receivable Land Buildings Accumulated depreciation-buildings (15,000)


Marigold Corp's comparative balance sheets are presented below Marigold Corp. Comparative Balance Sheets December 31 2019 2018 Cash Accounts receivable Land Buildings Accumulated depreciation-buildings (15,000) (10,900) S 14,600 10,200 20,700 23.100 20,100 25,700 69.500 69,500 Total $109,900 $117.600 Accounts payable Common stock Retained earnings 12.800 $ 27,600 4,200 71,100 22,900 18900 $109,900 $117.600 Total 1 2. 3. Net income was $ 22,600. Dividends declared and paid were $ 18.600. No noncash investing and financing activities occurred during 2019 The land was sold for cash of $4,700. Marigold Corp. Statement of Cash Flows Ad,ustmants to raconcila nat incoma to
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