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i do not understand how to do this The comparative balance sheet of Merrick Equipment Co, for December 31,20Y9 and 20Y8, is as follows: Liabilities
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The comparative balance sheet of Merrick Equipment Co, for December 31,20Y9 and 20Y8, is as follows: Liabilities and Stockholders' Equity Accounts payable (merchandise creditors) Accrued expenses payable (operating expenses) Dividends payable Common stock, $10 par Paid-in capital in excess of par-common stock Retained earnings Total liabilities and stockholders' equity \begin{tabular}{rr} $195,280 & $185,760 \\ 19,420 & 24,520 \\ 10,790 & 8,490 \\ 58,260 & 46,200 \\ 219,010 & 128,240 \\ 576,120 & 549,730 \\ \hline$1,078,880 & $942,940 \end{tabular} Cach flnwe from fuced forl oneratinn activities Step by Step Solution
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