9 Assets Current assets: Cash SNIDER CORPORATION Balance Sheet December 31, 20X1 Marketable securities Accounts receivable (net) Inventory Total current assets Investments Plant and equipment Less: Accumulated depreciation Net plant and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Notes payable Accrued taxes Total current liabilities Long-term liabilities: Bonds payable Total liabilities Stockholders' equity Preferred stock, $50 par value Common stock, $1 par value Capital paid in excess of par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $674,000 261,000 58,900 21,300 187,000 257,000 $ 524,200 69,500 413,000 $1,006,700 90,000 70,500 16,800 $ 177,300 153,000 $ 330,300 $ 100,000 80,000 190,000 306,400 $ 676,400 $1,006,700