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Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 This Year Last Year Assets Cash Accounts receivable Inventory
Comparative financial statements for Weaver Company follow: Weaver Company Comparative Balance Sheet at December 31 This Year Last Year Assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation $ 22 $ 11 290 230 157 196 9 478 86 5 442 513 434 (82) (71) Net property, plant, and equipment Long-term investments 431 363 25 31 Total assets $ 934 $836 Liabilities and Stockholders' Equity Accounts payable $ 302 $225 Accrued liabilities 72 78 Income taxes payable 73 65 Total current liabilities 447 368 Bonds payable 199 171 Total liabilities 646 539 Common stock 161 201 Retained earnings 127 96 Total stockholders' equity 288 297 Total liabilities and stockholders' equity $ 934 $836
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