Balance Sheet 2002 2001 Accounts Payable ...
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Accounting
| Balance Sheet | 2002 | 2001 |
| Accounts Payable | 165 | 95 |
| Accumulated Deprecation | 520 | 339 |
| Cash | 200 | 100 |
| Common Stock | 1,000 | 700 |
| Dividends Payable | 40 | 25 |
| Equipment | 2,700 | 2,395 |
| Income Tax Payable | 100 | 135 |
| Inventory | 1120 | 890 |
| Mortgage Payable | 900 | 1265 |
| Prepaid General Expense | 300 | 350 |
| Retained Earnings | 1545 | 1098 |
| Unearned Sales Revenue | 50 | 78 |
Income Statement for 2002
Debit Credit
| Sales | 10,000 | |
| Loss on P.P.E. | 100 | |
| COGS | 6,000 | |
| General Expense | 2,000 | |
| Depreciation Expense | 330 | |
| Income Tax | 700 | |
| Total Expense | 9,130 | |
| Net Income | 870 |
-What is the cash paid to repurchase shares of stock in 2002?
-What is the cash paid in inventory?
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