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Dooling corporation's balance sheet and income statement appear below: Dooling Corporation's balance sheet and Income statement appear below: Dooling Corporation Comparative Balance Sheet Ending Beginning

Dooling corporation's balance sheet and income statement appear below:
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Dooling Corporation's balance sheet and Income statement appear below: Dooling Corporation Comparative Balance Sheet Ending Beginning Balance Balance Assets: Current assets: L S 43 S 44 Cash and cash equivalents Accounts receivable 76 75 Inventory 55 53 172 Total current assets 520 Property, plant and equipment 622 245 28 Less: accumulated depreciation L 377 T242 Net property, plant and equipment Total assets $551 L Liabilities and stockholders' equity Current Tobllites Accounts payable Income taxes payable 555 59 198 199 Stockholders equity: Common stock 41 40 stockholders equity 25 TotaMabrites and Stockholders equity S551 ncome Statement $840

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