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Fill the missing value for common stock, retainer earnings, total common equity, and total liabilities and equity. show steps and how to get the answer.

Fill the missing value for common stock, retainer earnings, total common equity, and total liabilities and equity. show steps and how to get the answer. image text in transcribed
35 b. Cumberland Industries' partial balance sheets are shown below. Cumberland issued $10,000,000 of new common stock in the most recent year. Using this information and the results from part a, fill in the missing values for 37 common stock, retained earnings, total common equity, and total liabilities and equity. 40 Dollar value of common stock issued (in thousands of dollars) $10,000 2016 2015 42 Cumberland Industries December 31 Balance Sheets 43 (in thousands of dollars) 44 45 Assets 46 Cash and cash equivalents 47 Short-term investments 48 Accounts Receivable 49 Inventories 50 Total current assets 51 Net fixed assets 52 Total assets $91,450 11,400 108,470 38,450 $249,770 67.000 $316.770 $74,625 15,100 85,527 34,982 $210,234 42,436 $252,670 54 Liabilities and equity 55 Accounts payable 56 Accruals 57 Notes payable 58 Total current liabilities 59 Long-term debt 60 Total liabilities 61 Common stock 62 Retained eamings 63 Total common equity 64 Total liabilities and equity $30,761 30,405 12.717 $73,883 80,263 $154,146 $23,109 22,656 14,217 $59,982 63.914 $123,896 $90,000 38,774 $128.774 $252,670 66 Check for balancing (this should be zero): 67

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