e dlerheht for the current vear Firefly Company Balance Sheet At December 31 Assets Current Assets Cash Accounts Receivable Merchandise Inventory Ending Beginning $ 5,650 $ 5,400 4.200 6,800 1,700 4,800 Total Current Assets Nencurrent Assets Investments in Bonds Property, Plant, and Equipment-net $ 14,650 $ 13,900 $ 26,900 s 5,900 $ 76,300 $ 62,900 49,400 57,000 Total Noncurrent Assets Total Assets Liabilities Current Liabilities Accounts Payable $ 90,950 $ 76,800 S 3,500 $ 5,000 4,750 6,500 1,200- Accrued Expenses 400 Income Taxes Payable 11,200 $10,150 Total Current Liabilities Noncurrent Liabilities Notes Payable $ 30,500 $ 25,000 $30,500 $ 25,000 $ 41,700 $ 35,150 Total Noncurrent Liabilities Total Liabilities Stockholders' Equity Common stock, $1 Par Value Additional Paid-in Capital Retained Earnings $ 13,000 $ 12,000 17,000 12,650 19,900 16,350 $ 49,250 $ 41,650 Total Stockholders' Equity $ 90,950 $ 76.800 Total Liabilities and Stockholders' Equity e dlerheht for the current vear Firefly Company Balance Sheet At December 31 Assets Current Assets Cash Accounts Receivable Merchandise Inventory Ending Beginning $ 5,650 $ 5,400 4.200 6,800 1,700 4,800 Total Current Assets Nencurrent Assets Investments in Bonds Property, Plant, and Equipment-net $ 14,650 $ 13,900 $ 26,900 s 5,900 $ 76,300 $ 62,900 49,400 57,000 Total Noncurrent Assets Total Assets Liabilities Current Liabilities Accounts Payable $ 90,950 $ 76,800 S 3,500 $ 5,000 4,750 6,500 1,200- Accrued Expenses 400 Income Taxes Payable 11,200 $10,150 Total Current Liabilities Noncurrent Liabilities Notes Payable $ 30,500 $ 25,000 $30,500 $ 25,000 $ 41,700 $ 35,150 Total Noncurrent Liabilities Total Liabilities Stockholders' Equity Common stock, $1 Par Value Additional Paid-in Capital Retained Earnings $ 13,000 $ 12,000 17,000 12,650 19,900 16,350 $ 49,250 $ 41,650 Total Stockholders' Equity $ 90,950 $ 76.800 Total Liabilities and Stockholders' Equity