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As a recently hired accountant for Reeves Incorporated., you are provided with lastyear's balance sheet to familiarize yourself with the business Reeves Incorporated Balance Sheet

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As a recently hired accountant for Reeves Incorporated., you are provided with lastyear's balance sheet to familiarize yourself with the business Reeves Incorporated Balance Sheet December 31, 2017 Assets $1,054.312 123,200 738,054 578,366 Cash Accounts Receivable Short-term Investments Inventories Total Current Assets $2,576,242 Property, plant and equip (net) 832,400 Total Assets $4,100,817 Current Liabilities Accounts payable Short-term notes 69,210 131,870 $401,654 1,962.357 Total Current Liabilities Long-term debt Total Liabilities $2,364,011 Stockholders' Equity Common Stock 1,421,300 Total liabilities Stockholder's $4,100,817

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