Question: Please do all according to table where put info Reqiired 1 and required 2 . A comparatve balance sheet and income statement is shown for

Please do all according to table where put info Reqiired 1 and required 2.
A comparatve balance sheet and income statement is shown for Cruz, Incorporated.At Decenber 31AssetsCashteeceivable, netPrepald expensesTotal current assetsFurnitureAccumulated depreciation-FurnitureTotal assetsLLabilities and EquityAccounts payableWages payableCRUZ, INCORPORATEDConparative Balance SheetsTnconeahiLitesEquityNotes payable (ong-tern)Total liabilitiesConnon stock, $5 par valueRetained earningsnavableTotal llabllities and equityGross profitSalesCost of goods soldNet LnconeDepreciation expenseIncome before taxesIncone taxes expenseCRUZ INCORPORATEDOperating expenses (excluding depreclation)20212Incone Statenent2021$ 89,0004,900212,10098,800(15,300)s 295.600For Year Ended Decenber 31,2021$ 13.9008,20028,90052,400215.00028,200$ 295,600202022,1004,000161,000113,300(8,600)$ 265,70019,6004,6002669,00095.800169,10e806S 265,708454.900292.800162,10083,00035.00044,10016,000S 28,1001. Assume that all common stock Is Issued for cash. What amount of cash dividends is paid during 2021?2 Assume that no additional notes payable are Issued in 2021. What cash amount is pald to reduce the notes payable balance inComplete this question by entering your answers in the tabs below.
\table[[Retained earnings,28,200,800],[Total liabilities and equity,$ 295,600,$ 265,700],[CRUZ, INCORPORATED Income Statement For Year Ended December 31,2021],[Sales,,$ 454,900],[Cost of goods sold,,292,800],[Gross profit,,162,100],[Operating expenses (excluding depreciation),,83,000],[Depreciation expense,,35,000],[Income before taxes,,44,100],[Incone taxes expense,,16,000],[Net incone,,$ 28,100]]
Assume that all common stock is issued for cash. What amount of cash dividends is paid during 2021?
2 Assume that no additional notes payable are issued in 2021. What cash amount is pald to reduce the notes payable balance II 2021?
Complete this question by entering your answers in the tabs below.
Assume that all common stock is issued for cash. What amount of cash dividends is paid during 2021?
\table[[Retained Earnings],[Beginning balance,,],[,,],[,,],[,,],[Ending balance,,]]
monent (i)
\table[[Retained earnings,28,200,800],[Total lyabilities and equity,$295,600,$265,700
Please do all according to table where put info

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