The following is a condensed version of the comparative balance sheets for Bonita Corporation for the last two years at December 31. 2020 2019
Cash $ 300,900 $ 132,600
Accounts receivable 306,000 314,500
Investments 88,400 125,800
Equipment 506,600 408,000
Accumulated Depreciation-Equipment (180,200 ) (151,300 )
Current liabilities 227,800 256,700
Common stock 272,000 272,000
Retained earnings 521,900 300,900
Additional information:
Investments were sold at a loss of $17,000; no equipment was sold; cash dividends paid were $51,000; and net income was $272,000.
Prepare a statement of cash flows for 2020 for Shamrock Corporation. (Show amounts that decrease cash flow with either a - sign e. g. -15,000 or in parenthesis e. g. (15,000).)

Bonita Corporation

Statement of Cash Flows for the year ended December 31, 2020:

Operating Activities:

Net income                               $272,000

add loss from sale of investment 17,000

add Depreciation expense          28,900

Changes in working capital:

Accounts receivable                   $8,500

Current liabilities                       -28,900

Net cash from operations     $297,500

Investing Activities:

Sale of investments               $20,400

Purchase of equipment          -98,600

Net cash from investing       -$78,200

Financing Activities:

Payment of dividends          -$51,000

Net cash flows                    $168,300

Explanation:

a) Data and Calculations:

Comparative Balance Sheets

                                                     2020       2019       Changes

Cash                                     $ 300,900 $ 132,600  +$168,300

Accounts receivable               306,000    314,500      -$8,500

Investments                               88,400    125,800    -$37,400

Equipment                              506,600    408,000  +$98,600

Accumulated Depreciation

 -Equipment                           (180,200 )   (151,300 )  +(28,900)

Current liabilities                    227,800    256,700    -$28,900

Common stock                      272,000    272,000        0

Retained earnings                 521,900    300,900  

Additional Information

Loss from sale of investment = $17,000

Net income = $272,000

Dividends = $51,000

Cash Beginning Balance   $132,600

Net cash flows                   $168,300

Cash, Ending balance     $ 300,900

answervulnerability assessment;

answer: marginal utility of the fourth brownie is 0.

explanation: marginal utility is the addtional utility gained from the consumption of one more unit of a good. it is given by,

so, marginal utility at the 4th unit will be given by

since, the values are not given here, you can simply find marginal utility at fourth unit by subtracting total utility at 3rd unit from total utility at 4th unit.