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At December 31, Year 1, the accounting records of Braun Corporation contain the following items Accounts Payable $ 16,000 Accounts Receivable $40,000 Land 240,000 Cash

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At December 31, Year 1, the accounting records of Braun Corporation contain the following items Accounts Payable $ 16,000 Accounts Receivable $40,000 Land 240,000 Cash Capital Stock 2 Equipment 120,000 Building 180,000 Notes Payable 190,000 Retained Earnings 160,000 Capital Stock $320.000, total assets of Braun Corporation at December 31, Your 1, amounts to Multiple Choice $686.000 $926,000 5726.000 510600

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