FILL IN MISSING AMOUNTS ASSETS Cash $10,000 Accounts receivable 100,000 Inventory ----------- Total current assets 220,000 Gross plant and equipment 500,000 Less: accumulated depreciation ----------- Net plant and equipment 375,000 Total assets ----------- LIABILITIES ACCOUNTS PAYABLE $12,000 NOTES PAYABLE $50,000 TOTAL CURRENT LIABILITIES ----------------------------- LONG-TERM DEBT ---------------------------- TOTAL LIABILITIES $190,000 COMMON STOCK ($1 PAR, 1000,000 SHARES) ---------------------------- PAID - IN CAPITAL --------------------------- RETAINED EARNINGS $150,000 TOTAL STOCKHOLDERS EQUITY ------------------------------ TOTAL LIABILITIES AND EQUITY