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Given the following Balance Sheet and Income Statement, answer the following questions LIABILITY CURRENT LIABILITIES AccountspayabletradeAccountspayableretentionBillinginexcessofcost&profitNotespayableAccruedPayableAccruedTaxesAccruedVacationOtherCurrentLiabilitiesTotalCurrentLiabilitiesLongTermLiabilities$69,741.00$12,122.00$2,328.00$9,815.00$9,840.00$6,432.00$1,512.00$22,096.00$133,886.00$86,100.00$219,986.00$43,999.00$4,349.00$2,487.00$7,122.00$2,772.00$2,958.00$378.00$6,555.00$XXXXXX$60,166.00$XXXXXX OWNER EQUITY CapitalStockRetainedEarningsCurrentPeriodNetIncomeTotalEquityTotalLiability&Equity$50,000.00$115,672.00$0.00$165,672.00$385,658.00$50.000.00$60,359.00$0.00$XXXXXX$XXXXXX Current Year REVENUE $908,314 CONSTRUCTION COSTS
Given the following Balance Sheet and Income Statement, answer the following questions LIABILITY CURRENT LIABILITIES AccountspayabletradeAccountspayableretentionBillinginexcessofcost&profitNotespayableAccruedPayableAccruedTaxesAccruedVacationOtherCurrentLiabilitiesTotalCurrentLiabilitiesLongTermLiabilities$69,741.00$12,122.00$2,328.00$9,815.00$9,840.00$6,432.00$1,512.00$22,096.00$133,886.00$86,100.00$219,986.00$43,999.00$4,349.00$2,487.00$7,122.00$2,772.00$2,958.00$378.00$6,555.00$XXXXXX$60,166.00$XXXXXX OWNER EQUITY CapitalStockRetainedEarningsCurrentPeriodNetIncomeTotalEquityTotalLiability&Equity$50,000.00$115,672.00$0.00$165,672.00$385,658.00$50.000.00$60,359.00$0.00$XXXXXX$XXXXXX Current Year REVENUE \$908,314 CONSTRUCTION COSTS Current Year REVENUE $908,314 CONSTRUCTION COSTS Materials $92,214.00 Labor $199,690.00 Subcontractor $XXXXXX Equipment $20,833.00 Other $1,352.00 Total Construction Costs $716,037.00 EQUIPMENT COSTS Rent and Lease Payments $3,773.00 Depreciation $6,673.00 Repair and Maintenance $2,734.00 Fuel and Lubrication $7,289.00 Tax, Licenses, and Insurances $364.00 Equipment Costs Charged to Jobs $XXXXXX Total Equipment Costs $0.00 GROSS PROFIT \$XXXXXX OVERHEADS $53,827.00 NET PROFIT FROM OPERATIONS \$XXXXXX OTHER INCOME AND EXPENSES \$ XXXXXX PROFIT BEFORE TAXES $158,296.00 INCOMETAX $47.489.00 PROFIT AFTER TAX \$XXXXXX What is the value for the Profit After Tax within the Current Year's Income Statement identified with (\$ XXXXXX) above? $160,786$130.786$110,807$138,450 Question 4 What is the value for the Total Equity within the last year identified with ($XXXXXX) in the statements above? $160.786 $67,354 $130.786 $110,359
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