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I just want the answer, please and thank you. Prepare a 2016 balance sheet for McSort Inc. based on the following information: Cash = $260,000;
I just want the answer, please and thank you.
Prepare a 2016 balance sheet for McSort Inc. based on the following information: Cash = $260,000; Patents and copyrights = $720,000; Accounts payable = $450,000; Accounts receivable = $129,000; Tangible net fixed assets = $4,200,000; Inventory = $225,000; Notes payable = $170,000; Accumulated retained earnings = $1,245,000; Long-term debt = $1,730,000. What is the common stock account balance for the company? Multiple Choice $1,939,000 O $2,174,000 O $2,279,000 $2,581,000 O $1,704,000 oStep by Step Solution
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