ELLER EQUIPMENT CO. $ $ Financial Information: Salaries expense Common stock Notes receivable (short term) Allowance for doubtful accounts Accumulated depreciation Notes payable (long term) Salvage value of building Interest payable (short term) Uncollectible accounts expense Supplies Equipment Interest revenue Sales revenue Dividends Warranty expense Interest receivable (short term) 72,000 50,000 10,000 6,500 42,300 80,000 6,000 1,500 7,150 1,800 97,500 3,600 510,000 11,500 9,600 600 Beginning retained earnings Warranties payable (short term) Gain on sale of equipment Operating expenses Cash flow from investing activities Prepaid rent Land Cash Inventory Accounts payable Interest expense Salaries payable Unearned revenue Cost of goods sold Accounts receivable Depreciation expense 134,150 2,500 8,500 96,000 125,000 14,000 70,000 26,300 110,500 32,000 8,600 5,200 26,300 310,000 56,000 1,000 ELLER EQUIPMENT CO. Income Statement For the Year Ending December 31, Year 1 Gross Margin Operating Expenses Total Operating Expenses Operating Income Non-Operating Items Tell me what you want to do Total Non-Operating Items Net Income ELLER EQUIPMENT CO. Balance Sheet As of December 31, Year 1 Assets Current Assets Tell me what you want to do Total Current Assets Property, plant and Equipment Total Property, Plant and Equipment Total Assets Liabilities and Stockholders' Equity Current Liabilities Total Current Liabilities Long-Term Liabilities Total Long-Term Liabilities Total Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity ELLER EQUIPMENT CO. $ $ Financial Information: Salaries expense Common stock Notes receivable (short term) Allowance for doubtful accounts Accumulated depreciation Notes payable (long term) Salvage value of building Interest payable (short term) Uncollectible accounts expense Supplies Equipment Interest revenue Sales revenue Dividends Warranty expense Interest receivable (short term) 72,000 50,000 10,000 6,500 42,300 80,000 6,000 1,500 7,150 1,800 97,500 3,600 510,000 11,500 9,600 600 Beginning retained earnings Warranties payable (short term) Gain on sale of equipment Operating expenses Cash flow from investing activities Prepaid rent Land Cash Inventory Accounts payable Interest expense Salaries payable Unearned revenue Cost of goods sold Accounts receivable Depreciation expense 134,150 2,500 8,500 96,000 125,000 14,000 70,000 26,300 110,500 32,000 8,600 5,200 26,300 310,000 56,000 1,000 ELLER EQUIPMENT CO. Income Statement For the Year Ending December 31, Year 1 Gross Margin Operating Expenses Total Operating Expenses Operating Income Non-Operating Items Tell me what you want to do Total Non-Operating Items Net Income ELLER EQUIPMENT CO. Balance Sheet As of December 31, Year 1 Assets Current Assets Tell me what you want to do Total Current Assets Property, plant and Equipment Total Property, Plant and Equipment Total Assets Liabilities and Stockholders' Equity Current Liabilities Total Current Liabilities Long-Term Liabilities Total Long-Term Liabilities Total Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity