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9 Question 9 (2.5 points) Saved Use the financial statement data in the table below (all amounts are in dollars) to determine what Vechitti, Inc.

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Question 9 (2.5 points) Saved Use the financial statement data in the table below (all amounts are in dollars) to determine what Vechitti, Inc. (a retail company) reported as Total Assets on its 2019 balance sheet: Financial Statement Account 2019 Data Accounts payable 25,500 Accruals 9,300 Accumulated depreciation 32,400 Additional paid in capital 18,500 Beginning of year inventory 51.000 Cash 6,900 Common stock ($1.50 par value) 60.200 Cost of goods sold 37,100 Current portion of Long-term debt 11,600 Gross accounts receivable 55.600 Gross fixed assets 152,900 Long-term debt (excluding current portion) 46,300 Purchases 37,100 Retained earnings 39.400 Returns and allowances 2,300 Short-term bank loan 20,900 ( 1) $251,100

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