Digby Corp. ended the year carrying $13,760,000 worth of inventory. Had they sold their entire inventory at their current prices, how much more revenue would it have brought to Digby Corp.? Select: 1 $13,760,000 $29,270,960 $7,836,000 $21,844,000

Cash Flow Statement Survey	Andrews	Baldwin	Chester	Digby
Cash flows from operating activities
Net Income (Loss)	$15,442	($3,379)	($369)	$17,227
Adjustment for non-cash items:
Depreciation	$9,768	$15,040	$13,024	$7,504
Extraordinary gains/losses/writeoffs	($60)	$0	$0	$0
Changes in current assets and liabilities:
Accounts payable	($268)	($1,056)	$850	$2,352
Inventory	$11,650	$2,114	$1,605	($3,783)
Accounts receivable	($1,341)	$1,096	($1,575)	($2,799)
Net cash from operations	$35,192	$13,815	$13,535	$20,501
Cash flows from investing activities
Plant improvements (net)	($18,696)	($48,040)	($50,460)	($18,600)
Cash flows from financing activities
Dividends paid	$0	$0	$0	$0
Sales of common stock	$0	$11,440	$17,367	$26
Purchase of common stock	($8,121)	$0	$0	$0
Cash from long term debt issued	$0	$33,813	$33,514	$14,975
Early retirement of long term debt	$0	$0	$0	$0
Retirement of current debt	$0	($25,203)	($21,740)	($14,285)
Cash from current debt borrowing	$0	$31,856	$21,894	$17,826
Cash from emergency loan	$0	$0	$0	$0
Net cash from financing activities	($8,121)	$51,906	$51,035	$18,542
Net change in cash position	$8,374	$17,681	$14,109	$20,443

Balance Sheet Survey	Andrews	Baldwin	Chester	Digby
Cash	$38,609	$48,603	$35,528	$39,850
Accounts Receivable	$16,369	$12,070	$11,162	$14,276
Inventory	$2,658	$5,615	$7,621	$13,760
Total Current Assets	$57,636	$66,287	$54,312	$67,887
Plant and equipment	$146,518	$225,600	$215,760	$112,560
Accumulated Depreciation	($62,235)	($78,142)	($70,200)	($48,791)
Total Fixed Assets	$84,283	$147,458	$145,560	$63,769
Total Assets	$141,919	$213,745	$199,872	$131,656
Accounts Payable	$5,672	$7,856	$7,135	$9,531
Current Debt	$11,300	$43,156	$33,194	$29,126
Long Term Debt	$23,409	$90,759	$81,367	$24,462
Total Liabilities	$40,381	$141,771	$121,696	$63,119
Common Stock	$29,315	$39,070	$36,013	$8,844
Retained Earnings	$72,223	$32,904	$42,163	$59,693
Total Equity	$101,538	$71,974	$78,176	$68,537
Total Liabilities & Owners' Equity	$141,919	$213,745	$199,872	$131,656

Income Statement Survey	Andrews	Baldwin	Chester	Digby
Sales	$170,709	$146,847	$135,807	$173,695
Variable Costs (Labor, Material, Carry)	$94,778	$98,368	$89,333	$113,823
Depreciation	$9,768	$15,040	$13,024	$7,504
SGA (R&D, Promo, Sales, Admin)	$23,122	$13,658	$17,008	$12,280
Other (Fees, Writeoffs, TQM, Bonuses)	$15,062	$7,763	$2,544	$7,000
EBIT	$27,979	$12,019	$13,899	$33,088
Interest (Short term, Long term)	$3,737	$17,217	$14,466	$6,043
Taxes	$8,485	($1,819)	($199)	$9,466
Profit Sharing	$315	$0	$0	$352
Net Profit	$15,442	($3,379)	($369)	$17,227