Question: Part A Enect of sheet Conrad u,nc reported net income at s1 3sa.000 tor the year ended December 31, 2016 Show how Coeat's baiance during
Enect of sheet Conrad u,nc reported net income at s1 3sa.000 tor the year ended December 31, 2016 Show how Coeat's baiance during the yeaw and invested the tunds in markelable secuiies Conad paed no duidernds Conrat pad adend totaing 5495 000 and used te batance of the net income to etre O Data Tabie as dvidends to Conrad Ai, Inc. Balance Sheet The ending marketatle secustes wil beleund to the nearest daila) the ending netained eamings wil beRound to the mearect dol) $120 000 Conad pad dvidonds totaling $435 000 and used The The ending long-l deb(Round to the newreit dola The ending retaned earnings wil beRound to the nearest dolar 5.000 Current ansets and invested the boalance of the net income in builsing a new hanget the ameunt ranstermed to the Sdlance sheet wil bes Liabilites and Stockholders Equity The ending bulangs ibRound to the rearet $75.000 The ending setaned eanings w be sRound to the nearest doa Enter your ancor in each of the answer bones Total bes and equt
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