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Comparative financial statement data for Carmono Company follow: This Year Last Year Assets 11.50 22.00 Cash 66.00 59.00 Accounts receivable Inventory 112.50 100.00 Total current

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Comparative financial statement data for Carmono Company follow: This Year Last Year Assets 11.50 22.00 Cash 66.00 59.00 Accounts receivable Inventory 112.50 100.00 Total current assets 190.00 181.00 Property, plant, and equipment 255.00 210.00 52.00 39.00 Less accumulated depreciation Net property, plant, and equipment 203.00 171.00 Total assets 393.00 $352.00 Liabilities and Stockholders' Equity 67.50 54.00 Accounts payable Common stock 150.00 115.00 Retained earnings 175.50 183.00 393.00 352.00 Total liabilities and stockholders' equity

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