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Complete the balance sheet. Hint: Find the accumulated depreciation Balance sheet. Use the data from the following financial statements in the popup window, for 2017
Complete the balance sheet. Hint: Find the accumulated depreciation Balance sheet. Use the data from the following financial statements in the popup window, for 2017 first. The accumulated depreciation for 2017 is $ (Round to the nearest dollar.) (Click on the following icon e in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 Sales revenue $349,900 Cost of goods sold $142,000 Fixed costs $42,800 Selling, general, and administrative expenses $27,800 Depreciation $46,000 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $13,900 Accounts receivable $19,200 $16,000 Notes payable $27,800 Accounts payable $48,200 Long-term debt $368,200 OWNERS' EQUITY Inventories $189,800 Fixed assets Accumulated depreciation (-) $141,900 Retained earnings $82,000 Common stock Intangible assets $132,000 Accumulated depreciation (-) $141,900 Retained earnings $82,000 Common stock Intangible assets $132,000 Click on the following icon o. in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 ASSETS LIABILITIES Cash $26,100 Notes payable $12,000 Accounts receivable $24,200 Inventories $18,800 Accounts payable $52,800|Long-term debt $447,800 OWNERS' EQUITY $162,000 Fixed assets Accumulated depreciation (-) Retained earnings Intangible assets $82,000|Common stock $182,000
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