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Assets: Current assets? Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipnent Less accumutated depreciation Net property, plant, and equipent.
Assets: Current assets? Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipnent Less accumutated depreciation Net property, plant, and equipent. Total assets Liabilities and stockholders" equityt Current trablities: Aecounts payable Accrued-Labilities Income taxes payable Total current ifabitities thonds paryable Total Labilities Stockhotders' equity: Cowson stock Retathed carnings Totat stechholders 4 equity Totat liabiuties and stockhotders" equity \begin{tabular}{rr} $35 & 528 \\ 65 & 77 \\ 47 & 40 \\ \hline 147 & 145 \\ 518 & 490 \\ 233 & 213 \\ \hline 285 & 277 \\ \hline$432 & $422 \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline theobe stareacht & \\ \hline Sales & $590 \\ \hline cost of goods sotd & 363 \\ \hline Gross nargin & 227 \\ \hline Solling and adeinistrative expense & 164 \\ \hline Net operating incose & 43 \\ \hline Gain on sale of plant and equipernt & 13 \\ \hline Incose betore taxes & 36 \\ \hline Tncone tares & 17 \\ \hline ites insetes & 1.39 \\ \hline \end{tabular} the vent was Degeare Compation's balance sheet and income statement appear below
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