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Cash 30,000 Account receivables 63,800 Accounts payable 52,500 Short-term notes payable 11,000 Inventories 66,000 Gross fixed assets 1,061,000 Accumulated depreciation 86,000 Long-term debt 210,000 Common

Cash 30,000 Account receivables 63,800 Accounts payable 52,500 Short-term notes payable 11,000 Inventories 66,000 Gross fixed assets 1,061,000 Accumulated depreciation 86,000 Long-term debt 210,000 Common stock 480,000 Other assets 25,000 Retained earnings

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