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Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows: Current Year Previous Year Current assets $360,400 $206,700

Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows:

Current Year Previous Year

Current assets $360,400 $206,700

Property, plant, and equipment $593,600 $556,500

Intangible assets 106,000 31,800

Current liabilities 212,000 127,200

Long-term liabilities 402,800 325,950

Common stock 127,200 119,250

Retained earnings 318,000 222,600

Alvaraz Company

Comparative Balance Sheet

For the Years Ended December 31

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