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  3. a comparative balance sheet for wildhorse corporat

A comparative balance sheet for Wildhorse Corporation is presented below. Assets Cash Accounts receivable Inventory...

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A comparative balance sheet for Wildhorse Corporation is presented below. Assets Cash Accounts receivable Inventory Land Equipment Accumulated depreciation-equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total December 31 2020 2019 $82,960 $26,840 100,040 80,520 207,400 230,580 86,620 134,200 341,600 244,000 (90,280) (51,240) $728,340 $664,900 $41,480 183,000 200,080 303,780 $728,340 $57,340 244,000 200,080 163,480 $664,900 Additional information: 1. 2. Net income for 2020 was $189,100; there were no gains or losses. Cash dividends of $48,800 were declared and paid. Bonds payable of $61,000 were retired. 3. 1. Net cash provided by operating activities 240340 X 2. Net cash provided (used) by investing activities 3. Net cash provided (used) by financing activities 48800

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