Assets Cash Accounts receivable 1 Finished goods inventory 2 Raw materials inventory 3 4 RAW PVC RESIN 5 Land 5 Building and equipment 7 Less: Accummulated depreciation 3 9 Total assets 1 Liabilities & Stockholders' Equity 2 Accounts payable B Common Stock 4 Retained earnings 5 5 Total liabilities & Stockholders' Equity 7 Williams Company First Quarter End of January End of Febraury End of March Quarter 1 amount $ 11,238 360,000 55,380 74,240 $0 $0 $0