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Fill in the blanks below with the correct entries. Round your answers to the nearest dollar. Assets Current Assets 280,000 690,000 170,000 Cash Accounts receivable

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Fill in the blanks below with the correct entries. Round your answers to the nearest dollar. Assets Current Assets 280,000 690,000 170,000 Cash Accounts receivable ($ less allowance for doubtful accounts of $15,000) Inventory Total current assets 1,210,000 1,630,000 50,000 1,260,000 $ Llabilities and Stockholders' Equity Current liabilities Accounts payable Notes payable to banks Accrued wages Taxes owed Total current liabilities $ Long-term debt Stockholders' equity Common stock ($1 par, 530,000 shares authorized 450,000 outstanding) Retained earnings Total stockholders' equity $ Total liabilities and equity $ Land Plant and equipment ($2,250,000 less accumulated depreciation $ 2 Total assets 1,560,000 5,110,000 $ 3,080,000

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