Baskin Company's net income last year was $98,000. Changes in the company's balance sheet accounts for the year appear below:
The company declared and paid cash dividends of $36,000 last year.
Required:

Question

Baskin Company's net income last year was $98,000. Changes in the company's balance sheet accounts for the year appear below:
  The company declared and paid cash dividends of $36,000 last year.
Required:

Quizplus · Accepted Answer

The Answer of Baskin Company's net income last year was $98,000. Changes in the company's balance sheet accounts for the year appear below:
  The company declared and paid cash dividends of $36,000 last year.
Required:

Baskin Company's Net Income Last Year Was $98,000