Cash $ 225,000 Long-term debt 334,000 Sales 573,000 Accounts payable (A/P) 155,000 Operating expenses 145,000 Machinery and equipment 895,000 Notes payable (N/P) 75,000 Accounts receivable (A/R) 153,000 Interest expenses 4,750 Accrued expenses 7,900 Common stock (par value) 289,000 Cost of goods sold 297.000 Cost of goods sold 297,000 Inventory 99,300 (Income) Taxes 45,500 Accumulated depreciation 263,000 Prepaid expenses 14,500 Retained earnings-prior year 187,150 Retained earnings-current year? Note: The Company paid out $5,000 in dividends. Gross Profits Operating Income (EBIT) Earnings Before Taxed (EBT) Net Income Current Retained Earnings Accumulated Retained Earnings