Reference no: EM132344939
Question
The following accounts and balances were drawn from the records of Barker Company at December 31, 2018:
Supplies$710 Beginning retained earnings$19,000 Cash flow from investing act. (7,500) Cash flow from financing act. (5,200) Prepaid insurance 2,600 Rent expense 2,800 Service revenue 78,000 Dividends 4,700 Other operating expenses 43,000 Cash 11,000 Supplies expense 270 Accounts receivable 19,000 Insurance expense 1,200 Prepaid rent 4,900 Beginning common stock 1,100 Unearned revenue 7,500 Cash flow from operating act. 7,900 Land 36,000 Common stock issued 5,200 Accounts payable 15,380
Required
Use the accounts and balances from Barker Company to construct an income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows (show only totals for each activity on the statement of cash flows).
Determine the total dollar amount of dividends that was paid
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