Beewell's net income for the year ended December 31, Year 2 was $185,000. Information from Beewell's comparative balance sheets is given below. Compute the cash received from the sale of its ordinary shares during Year 2.
A) $185,000.
B) $106,000.
C) $95,000.
D) $50,000.
E) $145,000.

Question

Beewell's net income for the year ended December 31, Year 2 was $185,000. Information from Beewell's comparative balance sheets is given below. Compute the cash received from the sale of its ordinary shares during Year 2. 
A) $185,000. 
B) $106,000. 
C) $95,000. 
D) $50,000. 
E) $145,000.

Quizplus · Accepted Answer

The Answer of Beewell's net income for the year ended December 31, Year 2 was $185,000. Information from Beewell's comparative balance sheets is given below. Compute the cash received from the sale of its ordinary shares during Year 2. 
A) $185,000. 
B) $106,000. 
C) $95,000. 
D) $50,000. 
E) $145,000.

Beewell's Net Income for the Year Ended December 31, Year