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Comparative financial statements for Weaver Company follow: Last Year Weaver Company Comparative Balance Sheet at December 31 This Year Assets Cash $ 12 Accounts receivable

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Comparative financial statements for Weaver Company follow: Last Year Weaver Company Comparative Balance Sheet at December 31 This Year Assets Cash $ 12 Accounts receivable 293 Inventory 156 Prepaid expenses 9 Total current assets 470 Property, plant, and equipment 508 Less accumulated depreciation (82) Net property, plant, and equipment 426 Long-term investments 26 Total assets $ 922 Liabilities and Stockholders' Equity Accounts payable $300 Accrued liabilities 71 Income taxes payable 73 Total current liabilities 444 Bonds payable 198 Total liabilities 642 Common stock 164 Retained earnings 116 $ 13 229 194 6 442 429 (71) 358 32 $832 $225 77 63 365 171 536 202 94

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