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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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