content/file?cmd=view&content_id=_8649120_1&course_id=_288214_1 2/3 100% + 2. Below are balance sheet and income statement data for Yu Simon Company. Note: For the balance sheet data, the end-of-year information is in the left column. Accounts Payable Accounts Receivable. Accumulated Depreciation. Cash Common Stock Equipment. Inventory Long-term Debt Prepaid Insurance. Balance Sheet Data 20X2 20X1 .70 85 150. 120 300. 240 120. 80 450 410 700. 800 100 145 0 .355 40. 0 290. .55 Retained Earnings (ending balance, after closing). Income Statement Data (for 202) Sales Gain on Sale of Equipment. Cost of Goods Sold Insurance Expense.. Depreciation Expense. Total Expenses Net Income Additional Information: L. Equipment with a book value of $300 was sold during 20X2. ii. All accounts payable relate to inventory purchases. dtv 3,000 35 2,000 655 100 2,755 .280 Ps