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AAll ssaalleess Selected current year - end financial statements of Cabot Corporation follow. ( All sales were on credit; selected balance sheet amounts at December

AAll ssaalleess
Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31 of the prior year were inventory, $51,900; total assets, $199,400; common stock, $83,000; and retained earnings, $42,494.
\table[[,,\table[[CABOT CORPORATION],[Balance Sheet],[December 31 of current year]],],[Assets,,Liabilities and Equity,],[Cash,$18,000,Accounts payable,$15,500
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