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A B Jx D E F G C Assignment 1.5 Exercises Problem 4: Building a Balance Sheet 10 Points The following financial data has
A B Jx D E F G C Assignment 1.5 Exercises Problem 4: Building a Balance Sheet 10 Points The following financial data has been provided for Twanger Building Supply, Inc.: Cost of goods sold $ 983,095 Cash 141,860 Depreciation 277,530 Interest expense 60,335 Selling & Administrative Expenses 193,340 Accounts payable 100,715 Net fixed assets 1,224,405 Sales 1,928,620 Accounts receivable 100,520 Short-term Notes payable 114,275 Long-term debt 618,035 Inventory 193,530 Intangible Assets 223,450 Wages Payable 21,780 Common Stock 1,750 Additional Paid-In Capital 291,680 Retained Earnings 735,530 Tax Rate (average) 30% J K All data is for the year ended Dec 31st, 2019. Complete the full Balance Sheet for Twanger Building Supply. What is the total Owner's Equity for this firm? Create your Original Solution Below - Be sure to show all calculations and clearly indicate answers.
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