Greene Corporation Balance Sheets At December 31 2019 2018 Assets: Cash $ 27,040 $ 25,440 Accounts 29,400 32,180 receivable Merchandise 70,625 59,710 inventory Long-term 56,000 56,000 investments Equipment 175,500 145,500 Accumulated (33,550) (31,200) depreciation Total assets $325.015 $287,630 $ 62,745 $ 42,635 10,200 10.725 Liabilities: Accounts payable Salaries payable Long Term Bonds payable Total liabilities Equity Common 48,750 66,000 $121,695 $119.360 17.000 96000 Greene Corporation Balance Sheets At December 31 2019 2018 Assets: Cash $ 27,040 $ 25,440 Accounts 29,400 32,180 receivable Merchandise 70,625 59,710 inventory Long-term 56,000 56,000 investments Equipment 175,500 145,500 Accumulated (33,550) (31,200) depreciation Total assets $325.015 $287,630 $ 62,745 $ 42,635 10,200 10.725 Liabilities: Accounts payable Salaries payable Long Term Bonds payable Total liabilities Equity Common 48,750 66,000 $121,695 $119.360 17.000 96000