20. Use the following information given on December 31 for ABC company to prepare a balance...

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20. Use the following information given on December 31" for ABC company to prepare a balance sheet. Accounts Receivable 22,000 Goodwill 16,000 Building 142,000 Accrued Expenses 4,000 Cash 38,000 Short-term Notes Payable 25,000 Salary Expense 22,000 Cost of Goods Sold 52,000 Accounts Payable 37,000 Long-term Investments 35,000 Equipment 86,000 Common Stock 1,000 Retained Earnings ?? Interest Income 2,000 Prepaid Expenses 2,000 Inventory 62,000 Sales 123,000 Dividends paid 25,000 Accumulated Deprec. 32,000 Rent Income 1,200 20. Use the following information given on December 31" for ABC company to prepare a balance sheet. Accounts Receivable 22,000 Goodwill 16,000 Building 142,000 Accrued Expenses 4,000 Cash 38,000 Short-term Notes Payable 25,000 Salary Expense 22,000 Cost of Goods Sold 52,000 Accounts Payable 37,000 Long-term Investments 35,000 Equipment 86,000 Common Stock 1,000 Retained Earnings ?? Interest Income 2,000 Prepaid Expenses 2,000 Inventory 62,000 Sales 123,000 Dividends paid 25,000 Accumulated Deprec. 32,000 Rent Income 1,200