Please refer to Table 3-1 (Jones Company) for questions 11 & 12.
Table 3-1: Jones Company
|December 2009||December 2010|
11) Based on the information in Table 3-1, calculate the amount of dividends paid by Jones Company in 2010 (no assets were disposed of during the year, and there was no change in interest payable or taxes payable).
12) Based on the information in Table 3-1, assuming that no assets were disposed of during 2010, the amount of depreciation expense was