es The following December 31, 2024, fiscal year-end account balance information is available for the Stonebridge Corporation: $ 5,000 20,000 60,000 Cash and cash equivalents Accounts receivable (net) Inventory Property, plant, and equipment (net) Accounts payable Salaries payable Paid-in capital The only asset not listed is short-term investments. The only liabilities not listed are $30,000 notes payable due in two years and related accrued interest payable of $1,000 due in four months. The current ratio at year-end is 1.5:1. Required: Determine the following at December 31, 2024: 120,000 44,000 15,000 100,000 1. Total current assets 2. Short-term investments 3. Retained earnings

The following December 31, 2024, fiscal year-end account balance information is avallable for the Stonebridge Corporation: The only asset not listed is short-term investments. The only liabilities not listed are $30,000 notes payable due in two years and related accrued interest payable of $1,000 due in four months. The current ratio at year-end is 1.5.1. Required: Determine the following at December 31, 2024