en Assignment SOURCES nework P Problem 14-4A (Part Level Submission) Financial information for Messersmith Company is presented below. MESSERSMITH COMPANY Balance Sheets December 31 2017 $ 92,400 68,640 129,360 165,000 38,280 171,600 237.600 2016 85,800 Cash Short-term investmients Accounts receivable (net) Inventory Prepaid expenses 2A 52,800 105,600 178,200 30,360 171,600 231,000 $855,360 Land ctive Building and equipment (net) $902,880 55 Liabilities and Stockholders Equity Notes payable Accounts payable Accrued liabilities Bonds payable, due 2020 Common stock, $10 par Retained eamings $132,000 63,360 66,000 198,000 264,000 179,520 $902,880 $132,000 55,440 52,800 198,000 264,000 153,120 $855,360 MESSERSMITH COMPANY Ask me