HW te) i Data Table Caps Toy Corporation Comparative Balance Sheet December 31, 2018 and 2017 2017 2018 Assets Current Assets: S 18,000$ 14,000 Cash 56,00052,000 Accounts Receivable 80,000 84,000 Merchandise Inventory 1,700 2,700 Prepaid Expenses Long-term Assets: 118,000 186,000 Plants Assets, Net 72,00086,000 Investments 346,700 $ 423,700 Total Assets Liabilities Print Done i Data Table 72000 86,000 Investments S 346,700 $ 423,700 Total Assets Liabilities Current Liabilities Accounts Payable S 48,000 S 37,000 Salaries Payable 22,50021,000 Accrued Liabilities 3,000 10,000 Long-term Liabilities 66,000 67,000 Notes Payable Total Liabilities 139,500135,000 Stockholders' Equity Common Stock, no par 37,000 31,000 170,200 257,700 Retained Earnings 207,200 288,700 Total Stockholders' Equity Total Liabilities and Stockholders' Equity346700S 423,700 Print Done ACCT& 202 Section DE (Spring 2019) Homework: Homework # 24 5 of 7 (6 complete) Score: 0 of 1 pt S14A-14 (similar to) Caps Toy Company reported the following comparative balance sheet i Click on the icon to view the comparative balance sheet) Requirements 1. Compute the collections from customers during 2018 for Caps Toy Company Sales Revenue totaled $143,000 2. Compute the payments for inventory during 2018 Cost of Goods Sold was $78,000 Requirement 1. Compute the collections from customers during 2018 for Caps Toy Company Sales Revenue totaled $143,000 Select the labels and enter the amounts to compute the collections from customers. (Abbreviations used Beg - Beginning) Collections from Cash Sales Revenue Customers Beg Accounts Receivable+ 32,000 52,000 Choose from any list or enter any number in the input fields and then click Check