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Additional information: Current portion of the Notes Payable: $ 17,625; additional Common Stock issued during the year: $7,500. $ Retained Earnings, beginning $485,300 Cash 110,100

Additional information: Current portion of the Notes Payable: $ 17,625; additional Common Stock issued during the year: $7,500. $ Retained Earnings, beginning $485,300 Cash 110,100 Balance Accounts Receivable 293,600 Dividends 65,900 Inventory 334,700 Sales 4,033,100 Estimated Returns 5,000 Cost of Goods Sold 2,332,900 Inventory Office Supplies 10,400 Sales Salaries Expense 656,000 Prepaid Insurance 8,000 Advertising Expense 180,400 Office Equipment Depreciation Expense-Store 242,300 35,100 Equipment Accumulated Miscellaneous Selling Depreciation-Office 164,700 15,400 Expense Equipment Store Equipment 756,400 Office Salaries Expense 358,100 Accumulated Depreciation-Store 242,300 Rent Expense 52,900 Equipment Accounts Payable Depreciation Expense- 167,700 26,400 Office Equipment Customer Refunds 10,000 Insurance Expense Payable Salaries Payable 10,700 Office Supplies Expense Notes Payable (final Miscellaneous Administrative 352,500 payment due 2024) Expense Common Stock 61,100 Interest Expense 16,400 9,700 7,000 10,700 1. What is the Gross Profit? 2. What is the total for Operating Expenses? 3. What is the Operating Income? 4. What is the Net Income? 5. What is the ending balance for Retained Earnings? I 6. What is the total for Stockholders' Equity? 7. What is the total for current assets? 8. What is the book value for: Office Equipment Store Equipment 9. What is the total assets? 10. What is the current Liabilities? 11. What is the total Liabilities? 12. What is the Working Capital? 13. What is the Current Ratio (round to one decimal place)image text in transcribedimage text in transcribed

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