Solve for the missing numbers. 3 Complete this question by entering your answers in the tabs below. Balance Sheet Income Stmt Cash Flow Stmt Solve for the missing numbers. MONOPOLY CORPORATION Comparative Balance Sheet December 31 Current Year Prior Year Assets Cash $ 41,510 $ 26,600 Accounts receivable 31,900 Inventory 69,900 Prepaid rent 2,390 1,900 Property, plant, and equipment 222,500 199,000 Accumulated depreciation (54,400) (39,500) Total assets $ 337,200 $ 289,800 Liabilities and Stockholders' Equity Accounts payable $ $ 37.800 $ 33,900 Accrued liabilities 10,000 11,900 Notes payable (long-term) 129.500 149,000 Contributed capital 49,000 24,500 Retained earnings 110,900 70,500 Total liabilities and stockholders' equity $ 337,200 $ 289,800 3 Condensed financial data of Monopoly Corporation appear below: A cash dividend was declared and paid in full to stockholders during the year. Required: Solve for the missing numbers. Complete this question by entering your answers in the tabs below. Balance Sheet Income Stmt Cash Flow Stmt Solve for the missing numbers. MONOPOLY CORPORATION Income Statement Year Ended December 31 473,500 $ 289,000 93,500 Sales Expenses Cost of goods sold Selling, general, and administrative expense Depreciation expense Interest expense Income taxes Net income 8.900 423,200 50,300 $ 3 MONOPOLY CORPORATION Cash Flow Statement Year Ended December 31 Cash flows from operating activities Net income $ 50,300 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 14,900 Changes in current assets and current liabilities Accounts Receivable (3,900) Inventory $ (19,500) Prepaid Rent Accounts Payable $ 3,900 Accrued Liabilities near Net cash provided by (used in) operating activities Cash flows from investing activities Purchase of property, plant, and equipment (23,500) Net cash provided by (used in) investing activities (23,500) Financing activities Additional capital contributed by stockholders Payments on long-term debt (19,500) Payment of cash dividends Net cash provided by (used in) financing activities Increase in cash and cash equivalents 14,910 Cash and cash equivalents, beginning of period 26,600 Cash and cash equivalents, end of period $ 41,510 Question 3 - Chapter 12. Homework - Connect ( Income Stmt Cash Flow Stmt