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Following are the individual financial statements for Gibson and Davis for the year ending December 31, 2021 Davis (447,000) 196,000 62,000 $ $ 12 Sales
Following are the individual financial statements for Gibson and Davis for the year ending December 31, 2021 Davis (447,000) 196,000 62,000 $ $ 12 Sales Cost of goods sold Operating expenses Dividend income Net income Retained earnings, 1/1/21 Net income Dividends declared Retained earnings, 12/31/21 Cash and receivables Inventory Investment in Davis Buildings (net) Equipment (net) Total assets Liabilities Commoh stock Retained earnings, 12/31/21 Total liabilities and stockholders' equity Gibson $ (741,000) 333,000 175,000 (12,000) $ (245,000) (799,000) (245,000) 50,000 $ (994,000) $ 392,050 543,000 556,950 549,000 412,000 $ 2,453,000 $ (829,000) (630,000) (994,000) (189,000) (427,000) (189,000) 20,000 (596,000) 198,000 211,000 $ $ 629,000 451,000 $ 1,489,000 (553,000) (340,000) (596,000) $ (2,453,000) $ (1,489,000) nirmant umhurit rihran newsurnden norront of mir an anril 1 non for dEER OEN in that data
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