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Baldwin Shops, Inc. reported the following amounts on its balance sheet on December 31: Account Title Amount Current Assets $ 140,000 Current Liabilities $ 80,000
Baldwin Shops, Inc. reported the following amounts on its balance sheet on December 31: Account Title Amount Current Assets $ 140,000 Current Liabilities $ 80,000 Property, Plant & Equipment $ 420,000 Total Shareholders Equity $ 420,000 Retained Earnings $ 120,000 Total Liabilities $ 210,000 Other Long-term Assets $ 70,000 Based on the above data, calculate the following: Total Assets ______________ Long-term Liabilities ______________ Contributed Capital ______________ Total Liabilities & S/H Equity ______________
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