Cash $201,440 Sales Revenue $8.102,150 Debt Investments (trading) (at cost, $145,000) 155,150 Cost of Goods Sold 4,800,000 Debt Investments (long-term) 303,440 Equity Investments (long-term) 281,440 Notes Payable (short-term) 92,150 Accounts Payable 457,150 Selling Expenses 2.002.150 Investment Revenue 67.180 Land 262,150 Buildings 1,044,440 Dividends Payable 140,440 Accrued Liabilities 98,150 Accounts Receivable 437,150 Accumulated Depreciation-Buildings 152,000 Allowance for Doubtful Accounts 27,150 Administrative Expenses 904.180 Interest Expense 215.180 Inventory 601,440 Gain 84,180 Notes Payable (long-term) 904.440 Equipment 602,150 Bonds Payable 1,004,440 Accumulated Depreciation-Equipment 60,000 Franchises Common Stock ($5 par) Treasury Stock Patents 160,000 1,002,150 193.150 195,000 Retained Earnings Balance (before Net Income 82.440 Paid-in Capital in Excess of Par Totals 84,440 $12,358,460 $12.358,460