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Financial data for Jade's Jeans are given below. All figures are in dollars. Use this data to construct a Balance Sheet for the company for

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Financial data for Jade's Jeans are given below. All figures are in dollars. Use this data to construct a Balance Sheet for the company for the year ending December 31, 2019 and use your constructed statement to answer the following 5 questions (ie., 11 through 15). NOTE: Not every item in the list below belongs on the balance sheet - you have to use some given data to determine needed accounts for the balance sheet. However, other than what is listed and/or can be derived, there are no other accounts on Jade's balance sheet - use cash as a plug figure to balance the balance sheet. Accounts payable 45,900 Accruals 14,200 Accumulated depreciation 354,800 Additional paid in capital 216,000 Beginning of year inventory 346,800 Common stock ($2.00 par value) 126,000 Cost of goods sold 1,028,600 Current portion of Long-term debt 16,400 Gross accounts receivable 162,200 Gross fixed assets 1,037,500 Long-term debt (excluding current portion) 543,200 Purchases 1,014,900 Retained earnings 362,100 Returns and allowances 1,200 Short-term bank loan 86,000 Cash ??? 11. What did Jade's Jeans record as Total Current Assets on December 31, 2019 balance sheet? 12. What did Jade's Jeans record as Total Current Liabilities on December 31, 2019 balance sheet? 13. What did Jade's Jeans record as Total Assets on December 31, 2019 balance sheet? 14. What was Total Shareholder's Equity on Jade's Jeans December 31, 2019 balance sheet? N 15. Jade's Jeans Company reported net income for 2019 of $71,800 and the company paid dividends of $0.60 per share in 2019. Given this information along with the data provided above), compute what Jade's Jeans Company reported as retained earnings on its December 31, 2018 balance sheet? (Assume that no additional shares of stock were issued between December 31, 2018 and December 31, 2019)

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