5. McFadden Corp. reports the following balances on its December 31, 20X2, balance sheet: Amounts in Thousands

5. McFadden Corp. reports the following balances on its December 31, 20X2, balance sheet:

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Amounts in Thousands Accounts payable $ 60 Accounts receivable 120 Accumulated depreciation 350 Fixed assets (net) 900 Inventory 150 Long-term debt 400 Paid in excess 160 Retained earnings 380 Total assets 1,240 500 Total liabilities (long-term debt + current liabilities) All of the remaining accounts are listed below. Calculate the balance in each. Accruals Cash Common stock Fixed assets (gross) Total current assets Total current liabilities Total equity