alance sheet. Use the data from the following financial statements in the popup window,

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.

Complete the balance sheet. Hint: Find the accumulated depreciation for

2017

first.

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Part 1

The accumulated depreciation for

2017

is

$enter your response here

.

(Round to the nearest dollar.)

Part 2

Complete the balance sheet for

2016

:

(Round to the nearest dollar.)

Balance Sheet 12/31/2016
ASSETS			LIABILITIES
Current assets			Current liabilities
Cash		$16,100	Notes payable		$13,800
Accounts receivable		$28,200	Accounts payable		$19,200
Inventories		$48,200	Total current liabilities	$
Total current assets	$		Long-term debt		$189,900
Fixed assets		$367,900	OWNERS' EQUITY
Accumulated depreciation (-)		$140,900	Retained earnings	$
Intangible assets		$82,100	Common stock		$131,800
			TOTAL LIABILITIES AND
TOTAL ASSETS	$		OWNERS' EQUITY	$

Part 3

Complete the balance sheet for

2017

:

(Round to the nearest dollar.)

Balance Sheet 12/31/2017
ASSETS			LIABILITIES
Current assets			Current liabilities
Cash		$25,800	Notes payable		$11,800
Accounts receivable		$18,800	Accounts payable		$23,900
Inventories		$53,200	Total current liabilities	$
Total current assets	$		Long-term debt		$162,100
Fixed assets		$448,200	OWNERS' EQUITY
Accumulated depreciation (-)	$		Retained earnings	$
Intangible assets		$81,900	Common stock		$182,000
			TOTAL LIABILITIES AND
TOTAL ASSETS	$		OWNERS' EQUITY	$