The balance in Common Shares on January 1,2020 , and December 31,2020 , is respectively...
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The balance in Common Shares on January 1,2020 , and December 31,2020 , is respectively $145,000 and $172,500. During the year, a $57,000 repurchase of shares was recorded(i.e. shares were bought back). During the year, shares were also issued. The proceeds from the issuance of shares that would appear in the financing activities section on the cash flow is: $29,500$64,500$84,500$260,500 Question 6 (1 point) Retained Earnings had a balance on January 1, 2020, and December 31, 2020, respectively, of $234,500 and $411,000. Net income for the year was $199,500 and the only other event affecting Retained Earnings was the declaration and payment of dividends. The payments for dividends that would be reported on the financing section of the cash flow is: $23,000 $176,500 $376,000 $0
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