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09 The balance sheet and income statement for Chico Electronics are represented bellow Chico Electronics Balance sheet As of December 31 13,000 40,000 200,000 Cash...

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09 The balance sheet and income statement for Chico Electronics are represented bellow Chico Electronics Balance sheet As of December 31 13,000 40,000 200,000 Cash... 10,000 Accounts receivable 30,000 nventory.160,000 Prepaid expenses. Total current assets .. 212,000 Long-term investment. Buildings... Equipmens Total assets Accounts payable. Notes payabl. Insurance payab l... Total current liabilities Long- term deb. Total liabilities... Common stock 15,000 268,000 40,000 12,000 40,0000 50,000 90,000 448,000 7,000 15,000 10,000 32,000 116,000 148,000 300,000 60,000 100,000 412,000 8,000 12,000 5,000 25,000 87,000 112,000 300,000

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