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For the following income statement and balance sheet, fill in the missing information for the calendar year ending in December 31. All assets, liabilities, and

For the following income statement and balance sheet, fill in the missing information for the calendar year ending in December 31.

All assets, liabilities, and equity items are as of the end of the year.
Current Assets 150,000
Non-current Assets ____________
Total Assets ____________
Current Liabilities 75,000
Long-term Liabilities ____________
Total Liabilities 171,000
CS and Capital in excess of par 300,000
Retained Earnings ____________
Total Stockholders Equity ____________

Sales 600,000
COGS 200,000
Gross Profit 400,000
Expenses 300,000
EBIT 100,000
Interest Expense 10,000
EBT 90,000
Tax Expense(40%) 36,000
Net Income 54,000
Retained Earnings 150,000
(Jan 1) 150,000
Dividends Declared 25,000

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