Use the following information to answer the questions listed below:
Dividends declared and paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 8,000
Cash from investing activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (25,000)
Cash from financing activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (8,000)

Compute the
(a) Cash from operating activities and
(b) Netincome.

Transcribed Image Text:

End of Year Beginning of Year Cash Other assets Liabilities Common stock Retained earnings 21,000 210,000 05,000 21,000 105,000 $12000 227,000 | 17,000 21,000