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8 Dividend Paid 2019 2,470,245 0 Common Stock Issued 2019 1 Treasury Stock 2019 2 3 Annual Depr.: 4 Factory Building 5 Factory Equipment 6 Office Building 7 Office Equipment 8 No assets were sold or purchaced during the year 9 0 1 Balance Sheet 2 3 Cash 4 Accounts Rec. 5 Other Current Assets 6 7 Total Current Assets 8 9 Property, Plant, and Equipment: 0 Land 1 Office Building 2 Factory Building 3 Office Equipment 4 Factory Equipment 5 AD. Office Building 6 AD. Factory Building 7 AD. Office Equipment 8AD. Factory Equipment 9 0 Net Property, Plant and Equipment 166,667 1,033,333 33,333 326,667 2018 2019 1,725,000 5,225,000 228,000 2,125,000 6,750,000 425,000 7,178,000 9,300,000 1,500,000 1,000,000 5,000,000 2,286,667 15,500,000 (286,111) (2,250,001) (1,306,667) (9,730,555) 1,500,000 1,000,000 5,000,000 2,286,667 15,500,000 (319,444) (2,416,668) (1,633,334) (10,763,888) 11,713,333 10,153,333 2 Total Assets 18,891,333 19,453,333Step by Step Solution
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