10. Benedict 2017 1,120,000 240,000 20,000 1,000.00o 280 00o Cash Dividends Supplies Accounts payable 80,000 40,000 160,000 120,000 Retained earnings, 1/1/17 600,000 Benedict's assets on December 31, 2017 are A) $1,880,000. B) $1,360,000. C) $640,000 D) $760,000. 11. Marvin Services Corporation had the following accounts and balances Accounts payable Accounts receivable Buildings Cash $30,000 Equipment $35,000 5,000 Land 75,000 Unearned service revenue 15,000 Total stockholders equity 35,000 10,000 If the equipment was sold for $35,000, what would be the total of stockholder' equity A) $65,000 B) $90,000 C) $115,000 D) $125,000 Trademarks would appear in which balance sheet section? A) Intangible assets 12. B) Investments C) Property, plant, and equipment D) Current assets Which of the following is not a current liability? A) Salaries and Wages Payable B) Accounts Payable C) Taxes Payable D) Bonds Payable 13. Page 3