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Cash: $150,000 Accounts Receivable: $180,000 Inventory: $120,000 Property, Plant, and Equipment: $3,000,000 Accumulated Depreciation: ($500,000) Accounts Payable: ($160,000) Short-term Debt: ($90,000) Long-term Debt: ($1,500,000) Shareholders'

  • Cash: $150,000
  • Accounts Receivable: $180,000
  • Inventory: $120,000
  • Property, Plant, and Equipment: $3,000,000
  • Accumulated Depreciation: ($500,000)
  • Accounts Payable: ($160,000)
  • Short-term Debt: ($90,000)
  • Long-term Debt: ($1,500,000)
  • Shareholders' Equity: ?

Requirements:

  • Classify assets and liabilities correctly into current and non-current.

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