Accounts Receivable (net of allowance for uncollectible accounts of 1,900 LCU on December 31, 20x2, and 1,700 LCU on December 31, 20x1) Inventories, at cost Property, Plant and Equipment (net of allowance for accumulated depreciation of 33,000 LCU on December 31, 20x2, and 16,000 LCU on December 31, 20x1) Long-Term Debt Common Stock, authorized 22,000 shares, par value 10 LCU per share; issued and outstanding, 11,000 shares on December 31, 20x2, and December 31, 20x1 20x2 December 31 2001 LCU 38,000 LCU 33,000 76,000 71,000 189,400 173,000 80,000 100,000 110,000 110,000 Additional Information: 1. Exchange rates are as follows: January 1, 2001-July 31, 20x1 August 1, 20x1-October 31, 20x1 November 1, 20x1-June 30, 20x2 July 1, 20x2-December 31, 20x2 Average monthly rate for 20x1 Average monthly rate for 20x2 LCU $ 2.0-1 1.81 1.7-1 1.5-1 1.9-1 1.6-1 2. An analysis of the accounts receivable balance is as follows: Accounts Receivable: Balance at beginning of year Sales (38,000 LCU per month in 20x2 and 33,000 LCU per month in 20x1) Collections write-offs (May 20x2 and December 20x1) Balance at end of year 28x2 LCU 34,700 456,000 (447,900) (2,900) LCU 39,900 20x1 LCU 396,000 (360,300) (1,000) LCU 34,700 Allowance for Uncollectible Accounts: Salance at beginning of year Provision for uncollectible accounts Write-offs (May 2002 and December 20X1) Balance at end of year 20x2 LCU 1,700 3,100 (2,900) LCU 1,900 20x1 LCU 2,700 (1,000) LCU 1,700 3. An analysis of inventories, for which the first-in, first-out inventory method is used, follows: Inventory at beginning of year Purchases (June 28X2 and June 20x1) Goods available for sale Inventory at end of year Cost of goods sold 20x2 LCU 71,000 330,000 LCU401,000 (76,000) LCU325,000 20x1 LCU370,000 LCU370,000 (71,000) LCU299,000 < Prev 2 of 3