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Current Attempt in Progress Use the following data to determine the total dollar amount of assets to be classified as investments. Windsor, Inc. Balance
Current Attempt in Progress Use the following data to determine the total dollar amount of assets to be classified as investments. Windsor, Inc. Balance Sheet 13 December 31, 2022 Cash Accounts receivable Inventory $194000 Accounts payable $208000 153000 Salaries and wages payable 30500 172000 Mortgage payable 243000 Prepaid insurance 92100 Total liabilities $481500 Stock investments 272000 Land 278000 Buildings $302000 Common stock Less: Accumulated depreciation (59000) 243000 Retained earnings Trademarks 225000 Total stockholders' equity $413100 734500 $1147600 Total assets $1629100 Total liabilities and stockholders equity $1629100 $0 O $480000 O $550000 O $272000
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