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Current Attempt in Progress Condensed financial data of Oakley Company appear below. Oakley Company Comparative Balance Sheets Assets Cash Accounts receivable Inventory Investments Equipment
Current Attempt in Progress Condensed financial data of Oakley Company appear below. Oakley Company Comparative Balance Sheets Assets Cash Accounts receivable Inventory Investments Equipment December 31 2020 2019 $84,000 $48,100 91,600 56,900 127,500 100,700 82,800 87,000 259,000 202,000 (50,400 ) (40,000 ) $594,500 $454,700 Accumulated depreciation-equipment Liabilities and Stockholders' Equity Accounts payable $58,100 $47,600 Accrued expenses payable 12,000 18,600 Bonds payable 98,000 68,000 Common stock 250,000 203,000 Retained earnings 176,400 117,500 $594,500 $454,700
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