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Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $630 were declared at the end

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Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $630 were declared at the end of the year, and 570 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2.280 in cash (for a total at the end of the year of 810 shares). These effects are included below. 270 5 Catena's Marketing Company Adjusted Trial Balance End of the current Year Debit Credit Cash $ 1,570 Accounts receivable 2,210 Interest receivable Prepaid insurance 1,730 Long-term notes receivable 2,890 Equipment 16,900 Accumulated depreciation $ 2,820 Accounts payable 2,380 Dividenda payable 630 Accrued expenses payable 3,780 Income taxes payable 2,650 Unearned rent revenue 420 Common Stock (810 shares) 81 Additional paid-in capital 3,589 Retained earnings 4,690 Sales revenue 37,350 Interest revenue 160 Rent revenue 710 Hages expense 18,600 Depreciation expense 1,740 Utilities expense 380 Insurance expense 780 Rent expense 9,420 Income tax expense 2,770 Total $59,260 559,260 Prepare a classified balance sheet for the end of the current year, CATENA'S MARKETING COMPANY Balance Sheet Balance Sheet Assets Current assets: 0 Cash Accounts receivable Interest receivable Prepaid insurance Notes payable, long-term Total current assets Equipment (net of accumulated depreciation) Depreciation expense Inventory Total assets Liabilities Current liabilities: $ 0 0 Total current liabilities Stockholders' equity Total stockholders equity 0 MO

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