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Following is a partially completed balance sheet for Epsico Inc. at December 31, 2019. together with comparative data for the year ended December 31, 2018.

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Following is a partially completed balance sheet for Epsico Inc. at December 31, 2019. together with comparative data for the year ended December 31, 2018. From the statement of cash flows for the year ended December 31, 2019, you determine the following (amounts in thousands of dollars): Net income for the year ended December 31, 2019, was $52. Dividends paid during the year ended December 31, 2019, were $16. Cash increased $16 during the year ended December 31, 2019 The cost of new equipment acquired during 2019 was $30; no equipment was disposed of There were no transactions affecting the land account during 2019, but it is estimated that the fair market value of the land at December 31, 2019, is $84. Required: Complete the balance sheet at December 31, 2019. (Enter decreases with a minus sign to indicate a negative financial statement effect.) 2019 2018 s $ BO Assets Current assets Cash Accounts receivable Inventory Total current assets 220 EPSICO INC. Balance Sheets December 31, 2019 and 2018 (Amounts in thousands) 2019 2018 Liabilities and Stockholders' Equity Current liabilities $ 761 $ 60 Note payable 252 240 Accounts payable 482 460 Total current liabilities $ 810 $ 760 Long-term debt Total abilities $ 50 $ 50 Stockholders' Equity 750 Common stock (360) (320) Retained earnings $ 470 s 480 Total stockholders' equity $ 1.280 $ 1.240 Total liabilities & stockholders' equity 98 $ 246 344 $ $ $ 300 160 460 $ 780 $ 400 $ 400 416 Land Equipment Less: Accumulated depreciation Total land & equipment Total assets 380 $ 780 1.240 $

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