Cash Accounts receivable 27,000 60,000 ETEETEE Inventories 85,000 Interest payable 12,000 Marketable securities 48,000 124, 000 310,000 Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation equipment Copyright (net of amortization) Prepaid expenses (next 12 months) Accounts payable Deferred revenues (next 12 months) Notes payable Allowance for uncollectible accounts 102,000 79,000 27,000 14,000 34,000 67,000 22,000 260, 000 7,000 220,000 64,000 781,000 781,000 Common stock Retained earnings Totals Additional information 1. The $124000 balance in the land account consists of $102,000 for the cost of land where the plant and office buildings ar The remaining $22,000 represents the cost of land being held for speculation 2. The $48,000 in the marketable securities account represents an investment in the common stock of another corporation. V intends to sell one-half of the stock within the next year 2013 1 Next > 12 D@B9aKB