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Given the following information, compute the total liabilities and stockholders' equity of the firm: Accumulated depreciation $180,000 Retained earnings 125,000 Cash 30,000 Bonds payable 142,000

Given the following information, compute the total liabilities and stockholders' equity of the firm:

Accumulated depreciation $180,000

Retained earnings 125,000

Cash 30,000

Bonds payable 142,000

Accounts receivable 38,000

Plant and equipmentoriginal cost 720,000

Accounts payable 35,000

Allowance for bad debts 6,000

Common stock, $1 par, 150,000 shares outstanding 150,000

Inventory 66,000

Preferred stock, $50 par, 1,000 shares outstanding 50,000

Marketable securities 15,000

Investments 20,000

Notes payable 83,000

Capital paid in excess of par (common stock) 118,000

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