Question: Using income statement data for Neros, prepare a December income statement dated December 3 1 . 1. If Neros pays a cash dividend

Using income statement data for Neros, prepare a December income statement dated December 31.
 
 1. If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements? 
 
 2. If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements?

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