Company records show the following information after all transactions are recorded for 2015:

Notes payable	$ 25,000	Supplies inventory	$ 8,000
Service fees earned	130,000	Cash	10,000
Supplies expense	10,000	Advertising expense	3,500
Insurance expense	5,000	Salaries expense	12,500
Miscellaneous expense	1,200	Rent expense	18,000
Common stock, January 1	20,000	Retained earnings, January 1	12,500
Accounts payable	7,000	Accounts receivable	4,000
Dividends paid	5,000	Equipment	20,000

The complany raised $12,000 cash through the issuance of additional common stock during the year.

Based on this information, calculate the following ending balances for the year ending December 31, 2015:

Common stock

Retained earnings

Total equity

You must show your calculations.

Given the following account values, calculate the firm's current ratio:

Cash $15,000;

Short-term investments $2,000;

Accounts receivable $34,000;

Supplies $5,000;

Long-term notes receivable $10,000;

Equipment $70,000;

Factory Building $150,000;

Intangible assets $6,000;

Accounts payable $20,000;

Accrued liabilities payable $2,000;

Short-term notes payable $10,000;

Long-term notes payable $150,000.

You must show your calculation. You answer should be shown with two decimal places (ex: x.xx).

Blaze Corporation has provided the following information:

Cash sales totaled $200,000.

Credit sales totaled $250,000.

Cash collections from customers for services yet to be provided totaled $20,000.

An $15,000 gain from the sale of property and equipment occurred.

Interest income totaled $12,500.

How much were Blaze's operating revenues?

You must enter your answer in the following format: $xxx,xxx

The Bronco Company has provided the following account balances:

Cash $10,000;

Short-term investments $15,000;

Accounts receivable $25,000;

Supplies $5,000;

Long-term notes receivable $12,000;

Equipment $60,000;

Factory Building $150,000;

Intangible assets $5,000;

Accounts payable $60,000;

Accrued liabilities payable $8,000;

Short-term notes payable $11,000;

Long-term notes payable $60,000;

Common stock $100,000;

Retained earnings $43,000.

Requirement:

Calculate Bronco's total current assets?

You must show your calculation