For each of the following situations, indicate the amount shown as a liability on the balance sheet of Cooper, Inc., at December 31:

The situation doesn't require a liability to be recorded, leave the corresponding amount blank (zero).

a. Cooper has accounts payable of $180,000 for merchandise included in the year-end inventory.

b. Cooper agreed to purchase a $45,000 drill press in the following January.

c. During November and December of the current year, Cooper sold products to a firm and guaranteed them against product failure for 90 days. Estimated costs of honoring this provision next year are $3,300.

d. On December 15, Cooper declared a $90,000 cash dividend payable on January 15 of the following year to shareholders of record on December 31.

e. Cooper provides a profit-sharing bonus for its executives equal to five percent of the reported beforetax income for the current year. The estimated beforetax income for the current year is $1,200,000.

Are Liabilities on the Balance Sheet For each of the following situations, indicate the amount shown as a liability on the balance sheet of Cooper, Inc, at December 31 The situation doesn't require a fiability to be recorded, leave the corresponding amount blank tero) Transactions Cooper has accounts payable of S1B0.000 for merchandise induced in the year end Inventory b. Cooper agreed to purchase a $45.000 press in the following anary During November and December of the current year. Cooper sold products to firmand guaracted them against product alue for 90 days. Brated costs of honoring this Provision next year 53300 3 d. On December 15 Cooper sedan 190.000 cash didend payable on January 15 of tre following year to shares of record on December ..Cooper provides are sharing out for acute cuarto five percent of the reported before come for the current year. The time before tar income for the current years $1200.000 3 Check