1) What was the net income for the period?

2)?On balance sheet dated December 31, 2002, what would be the total liabilities?

3) On a classified balance sheet dated December 31, 2002, what is the total current liabilities?

4) On a classified balance sheet dated December 31, 2002, what is the book value of the plant assets?

5) What are total current assests on December 31, 2002?

6) What is owners QEquity at December 31, 2002?

7) At what amount will the December 31 balance sheet balance?

Presented below are the balance sheet columns from the year end work sheet of Martin Co., dated December 31, 2002. DR 5,200 800 7,400 38,200 CR Cash Supplies Prepald Insurance Equipment A/D Equipment Martin, Capital Martin, Drawings Salaries Payable Notes Payable-Long Term Interest Payable Totals 12,400 21,000 4,300 1,300 15,000 300 55,900 50,000