Financial statements for Campbell Company follow. CAMPBELL COMPANY Balance Sheets As of December 31. Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items Total current assets Investments Plant (net): Land Total assets Liabilities and Stockholders' Equity. Liabilities Current liabilities Notes payable Accounts payable Salaries payable Total current liabilities Noncurrent liabilities Year 41 Year 3 $18,000 20,400 $14,000 6,400 45,000 37,000 130,000 138,000 29,000 14,000 242,400 209,400 22,000 15,000 275,000 260,000 30,000 25,000 $569,400 $509,400 $17,400 $7,900 58,800 45,000 25,000 19,000 101,200 71,900 Bonds payable 140,000 140,000 Other 28,000 23,000 Total noncurrent liabilities 168,000 163,000 Total liabilities. 269,200 234,900 Stockholders' equity Preferred stock, (par value $10, 4% cumulative, non-participating: 9,000 shares authorized and issued) 90,000 90,000 Common stock (no par; 50,000 shares authorized; 10,000 shares issued) Retained earnings 90,000 90,000 120,200 94,500 Total stockholders' equity Total liabilities and stockholders' equity 300,200 274,500 $569,400 $509,400 Revenues Sales (net). Other revenues Total revenues CAMPBELL COMPANY Statements of Income and Retained Earnings For the Years Ended December 31 Year 4 Year 3 $270,000 8,800 278,000 $250,000 5,800 255,800