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Chapter S Question 4 (page 176 of your texty Rubric: Tables worth 2.5 points each, each question a through worth 1 point each Review the

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Chapter S Question 4 (page 176 of your texty Rubric: Tables worth 2.5 points each, each question "a" through worth 1 point each Review the Condensed Income Statement and Statement of Retained Eanings for Orlega's Pizza found on page 176 of your text under question 4 Using that information, complete the table below, then answer the subsequent questions: Ortega's Pizza Balance Sheets December 31, 2010 and 2011 2010 2011 11 Sources Uses Assets Current Assets Cash Marketable Securities Net Receivables Inventories 42.000 30,000 I 85,00091.000 t 93,000 80.000I .000 07.000 278,000268,000 Total Current Assets 985.000915,000 40000 30,000 925,000885,000 Property and Equipment Less Accumulated Depreciation Net Property and Equipment Total Assets 1203000 1153.000 Liabilities and Owners' Equity Current Liabilities Aocounts Payable Notes Payable Accrued Wages 40.000 45.000 125,000 150.000 33 00023 000 203,000 218,000 Total Current Liabilities Long-Term Liabilities Long-Term Debt Total Liabilities 703,000518,000

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