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Amounts payable $150,000 $126,000 Taxes payable 17,600 20,000 Mortgage payable 110 000 0 Total liabilities 277,600 195,000 Common stock 350,000 290,000 Ratained earnings 113,900 60,200

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Amounts payable $150,000 $126,000 Taxes payable 17,600 20,000 Mortgage payable 110 000 0 Total liabilities 277,600 195,000 Common stock 350,000 290,000 Ratained earnings 113,900 60,200 Total stockholders' equity 463 900 35:} 200 Total liabilities & stockholders' $741,500 $545200 6'11\"}?

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