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Cash $210,000 210,000 Short-Term Asset Accounts Receivable 90,000 90,000 Short-Term Asset Alowance for Doubtful Accounts 15,000 15,000 S-T Contra Asset Prepaid Rent 70,000 70,000 Short-Term

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Cash $210,000 210,000 Short-Term Asset Accounts Receivable 90,000 90,000 Short-Term Asset Alowance for Doubtful Accounts 15,000 15,000 S-T Contra Asset Prepaid Rent 70,000 70,000 Short-Term Asset Land 220,000 220,000 Long-Term Asset Equipment 120,000 120,000 Long-Term Asset Accumulated Depreciation Equipment 40,000 40,000 L-T Contra Asset Accounts Payable 22,000 22,000 Short Term Liability Unearned Revenue 18,000 18,000 Short-Term Liability Bonds Payable (due 2050) 120,000 120,000 Long-Term Liability Common Stock ($1 par) 355,000 355,000 Owner's Equty Paiden Captal in Excess of Par Value, Common 113,000 113,000 Owner's Equty Preferred Stock ($10 par) 80,000 80,000 Owner's Equty Paid-in Captal in Excess of Par Value, Preferred 8,000 8,000 Owner's Equty Treasury Stock, Common (22,000 shares) 98,000 98,000 Owner's Equity Dividends 5,000 5,000 Owner's Equity Retained Earnings 57,000 57,000 Owner's Equty Sales 820,000 820,000 Revenue Cost of Goods Sold 720,000 720,000 Expense Interest Expense 20,000 20,000 Expense Operating Expenses 95,000 95,000 Expense TOTALS 3,296,000 1,648,000 1,648,000 The total owners' equity on the December 31, 2019 balance sheet would be: A. $ 495,000 B. None of the above C. $ 691,000 $ 593,000 D $ 500,000 E Click Save and Submit to save and submit. Click Save All Answers to save all answers

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