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Consider the following information Gil's Fish and Tackle, Inc. Balance Sheet At December 31, 2018 Assets Cash Accounts Receivable (less allowance) Inventories Property, Plant and

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Consider the following information Gil's Fish and Tackle, Inc. Balance Sheet At December 31, 2018 Assets Cash Accounts Receivable (less allowance) Inventories Property, Plant and Equipment Long-term Investments 26,450 194,000 135,750 232,800 160.000 Total Assets $749,000 Liabilities Accounts Payable Current Portion of Long-Term Debt Long-Term Notes Payable 55,700 77,900 129.000 262,600 Total Liabilities Stockholders' Equity 360,000 126,400 486,400 $749,000 Contributed Capital Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity

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