Check my w 6 Ya 2 Yeart 17 por 151.000 5 123,000 34,000 95.00 98,000 33,00 6,300 2.300 004423 December Assets Current assets Cash Accounts receivable Inventory Investments Long term assets Land Equipment Less Accumulated depreciation Total assets Libilities and Stockholders uity Current abilities Accounts payable Interest payable Income tax payable Long term liabilities Notes payable Stockholders equity Common Stock Retained earning Totalities and that equity $10,000 510,00 120.000 700,000 658.000) (290.000) 31,210,100 $1,2150 Book 5 99.00 7.00 3 13,100 5. 10. 300.000 erences 73.000 23.00 > 12900 11.11.10 $1,215,100 Additional information for Year 2 1. Net income is $83.840 2. Sales on account are $1628.900 2. Cost of goods sold is $1.230.800 Required: Next Check my w 6 Ya 2 Yeart 17 por 151.000 5 123,000 34,000 95.00 98,000 33,00 6,300 2.300 004423 December Assets Current assets Cash Accounts receivable Inventory Investments Long term assets Land Equipment Less Accumulated depreciation Total assets Libilities and Stockholders uity Current abilities Accounts payable Interest payable Income tax payable Long term liabilities Notes payable Stockholders equity Common Stock Retained earning Totalities and that equity $10,000 510,00 120.000 700,000 658.000) (290.000) 31,210,100 $1,2150 Book 5 99.00 7.00 3 13,100 5. 10. 300.000 erences 73.000 23.00 > 12900 11.11.10 $1,215,100 Additional information for Year 2 1. Net income is $83.840 2. Sales on account are $1628.900 2. Cost of goods sold is $1.230.800 Required: Next