Cheese Factory Incorporated reported the following information for the fiscal year ended August 31, 2021. Book Print Accounts Payable $146, 000 Accounts Receivable 16, 000 Cash (balance on September 1, 2020) 76, 000 Cash (balance on August 31, 2021) 78, 000 Common Stock 100, 000 Dividends 11, 000 Equipment 756, 000 Notes Payable Office Expense 31,000 Prepaid Rent 100, 000 Retained Earnings (beginning) 51, 000 Salaries and Wages Expense 411, 000 Salaries and Wages Payable 960, 000 Sales Revenue 171, 000 Supplies 1, 675, 000 Utilities Expense 27, 000 535,000 Other cash flow information: Additional investments by stockholders Cash paid to purchase equipment $ 30,000 41, 000 Cash paid to suppliers and employees Repayments of borrowings 1,492, 000 Cash received from customers 156, 000 Cash received from borrowings 1, 666, 000 Dividends paid in cash 6,000 11, 000



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