Comparative Balance Sheet Ending Balance Beginning Balance $ 47 38 68 153 600 397 203 $ 39 35 61 135 500 332 168 $ 303 $ 356 Assets Current assets: Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Habilities and stockholders' equily: Current abilities: Accounts payable Total current liabilities: Bonds payable Total Habilities Stockholders' equity: Common stock Retained earnings Total stockholders' equity Total Habilities and stockholders' oquity $ 59 59 219 278 $ 63 63 260 323 71 7 78 70 (90) (20) S303 $ 356 Income Statement Sales Cost of goods sold Gros margin Selling and administrative expense Net operating income Income Laxes Net Income $975 619 356 165 191 57 S 134 Cash dividends were $37 The company did not retire or sell any property, plant and equipment during the year. The net cash provided by (used in) operating activities for the year was Music Chalce 3185 0 551 5191