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Balance Sheet Calculations Fermer Company's balance sheet information at the end of 2019 and 2020 is as follows: 2019 2020 Total shareholders' equity $ (a)

Balance Sheet Calculations

Fermer Company's balance sheet information at the end of 2019 and 2020 is as follows:

2019 2020
Total shareholders' equity $ (a) $100,700
Accumulated other comprehensive income 4,800 5,000
Current liabilities (b) 9,800
Intangible assets 12,600 12,000
Property, plant, and equipment (net) (c) 87,500
Current assets 18,000 (h)
Total contributed capital 51,000 (i)
Long-term liabilities (d) 30,200
Retained earnings 42,900 (j)
Total assets (e) (k)
Common stock, $10 par (f) (l)
Working capital 9,900 9,700
Additional paid-in capital (g) 36,000
Long-term investments 23,700 (m)
Total liabilities 38,100 (n)

Additional information: At the end of 2019, additional paid-in capital is twice the amount of common stock. In 2020, the company issued (sold) 100 shares of common stock.

Required:

Next Level Prepare the correct balance sheet. All the necessary information is provided. (Hint: It is not necessary to calculate your answers in alphabetical order.)

FERMER COMPANY
Balance Sheet
December 31
2019 2020
$fill in the blank 2 $fill in the blank 3
fill in the blank 5 fill in the blank 6
fill in the blank 8 fill in the blank 9
fill in the blank 11 fill in the blank 12
$fill in the blank 14 $fill in the blank 15
$fill in the blank 17 $fill in the blank 18
fill in the blank 20 fill in the blank 21
$fill in the blank 23 $fill in the blank 24
$fill in the blank 26 $fill in the blank 27
fill in the blank 29 fill in the blank 30
$fill in the blank 32 $fill in the blank 33
fill in the blank 35 fill in the blank 36
fill in the blank 38 fill in the blank 39
$fill in the blank 41 $fill in the blank 42
$fill in the blank 44 $fill in the blank 45

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