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Information for Oriole Company is given below: Oriole Company Balance Sheet December 31, 2021 Assets Equities Cash $301000 Accounts payable $631000 Accounts receivable (net)

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Information for Oriole Company is given below: Oriole Company Balance Sheet December 31, 2021 Assets Equities Cash $301000 Accounts payable $631000 Accounts receivable (net) 1954000 Income taxes payable 191000 Inventories 2453000 Miscellaneous accrued 227000 payables Plant and equipment, Bonds payable (8%, due 2023) 1850000 net of depreciation 1986000 Patents 259000 Preferred stock ($100 par 6% cumulative nonparticipating 700000

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