Less: Accumulated depreciation 500,000 348,000 Net fixed assets $1,593,819 $1,343,707 Total assets $3,125,000 $2,895,152 Liabilities and Stockholders' Equity Current liabilities Accounts payable $230,000 $400,500 Notes payable 311,000 370,000 Accruals 75,000 100,902 Total current liabilities $616,000 $871,402 Long-term debt $1,165,250 $700,000 Total liabilities $1,781,250 $1,571,402 Stockholders' equity $50,000 $50,000 Preferred stock (2,500 shares, $1.20 dividend) Common stock (100,000 shares at $4.00 par)* Paid-in capital in excess of par value 400,000 400,000 593,750 593,750 Retained earnings 300,000 280,000 Total stockholders' equity $1,343,750 $1,323,750 Total liabilities and stockholders' equity $3,125,000 $2,895,152 *The firm's 100,000 outstanding shares of common stock closed 2019 at a price of $11.38 per share. he firm 018, pility, Round Less: Accumulated depreciation 500,000 348,000 Net fixed assets $1,593,819 $1,343,707 Total assets $3,125,000 $2,895,152 Liabilities and Stockholders' Equity Current liabilities Accounts payable $230,000 $400,500 Notes payable 311,000 370,000 Accruals 75,000 100,902 Total current liabilities $616,000 $871,402 Long-term debt $1,165,250 $700,000 Total liabilities $1,781,250 $1,571,402 Stockholders' equity $50,000 $50,000 Preferred stock (2,500 shares, $1.20 dividend) Common stock (100,000 shares at $4.00 par)* Paid-in capital in excess of par value 400,000 400,000 593,750 593,750 Retained earnings 300,000 280,000 Total stockholders' equity $1,343,750 $1,323,750 Total liabilities and stockholders' equity $3,125,000 $2,895,152 *The firm's 100,000 outstanding shares of common stock closed 2019 at a price of $11.38 per share. he firm 018, pility, Round Less: Accumulated depreciation 500,000 348,000 Net fixed assets $1,593,819 $1,343,707 Total assets $3,125,000 $2,895,152 Liabilities and Stockholders' Equity Current liabilities Accounts payable $230,000 $400,500 Notes payable 311,000 370,000 Accruals 75,000 100,902 Total current liabilities $616,000 $871,402 Long-term debt $1,165,250 $700,000 Total liabilities $1,781,250 $1,571,402 Stockholders' equity $50,000 $50,000 Preferred stock (2,500 shares, $1.20 dividend) Common stock (100,000 shares at $4.00 par)* Paid-in capital in excess of par value 400,000 400,000 593,750 593,750 Retained earnings 300,000 280,000 Total stockholders' equity $1,343,750 $1,323,750 Total liabilities and stockholders' equity $3,125,000 $2,895,152 *The firm's 100,000 outstanding shares of common stock closed 2019 at a price of $11.38 per share. he firm 018, pility, Round Less: Accumulated depreciation 500,000 348,000 Net fixed assets $1,593,819 $1,343,707 Total assets $3,125,000 $2,895,152 Liabilities and Stockholders' Equity Current liabilities Accounts payable $230,000 $400,500 Notes payable 311,000 370,000 Accruals 75,000 100,902 Total current liabilities $616,000 $871,402 Long-term debt $1,165,250 $700,000 Total liabilities $1,781,250 $1,571,402 Stockholders' equity $50,000 $50,000 Preferred stock (2,500 shares, $1.20 dividend) Common stock (100,000 shares at $4.00 par)* Paid-in capital in excess of par value 400,000 400,000 593,750 593,750 Retained earnings 300,000 280,000 Total stockholders' equity $1,343,750 $1,323,750 Total liabilities and stockholders' equity $3,125,000 $2,895,152 *The firm's 100,000 outstanding shares of common stock closed 2019 at a price of $11.38 per share. he firm 018, pility, Round Less: Accumulated depreciation 500,000 348,000 Net fixed assets $1,593,819 $1,343,707 Total assets $3,125,000 $2,895,152 Liabilities and Stockholders' Equity Current liabilities Accounts payable $230,000 $400,500 Notes payable 311,000 370,000 Accruals 75,000 100,902 Total current liabilities $616,000 $871,402 Long-term debt $1,165,250 $700,000 Total liabilities $1,781,250 $1,571,402 Stockholders' equity $50,000 $50,000 Preferred stock (2,500 shares, $1.20 dividend) Common stock (100,000 shares at $4.00 par)* Paid-in capital in excess of par value 400,000 400,000 593,750 593,750 Retained earnings 300,000 280,000 Total stockholders' equity $1,343,750 $1,323,750 Total liabilities and stockholders' equity $3,125,000 $2,895,152 *The firm's 100,000 outstanding shares of common stock closed 2019 at a price of $11.38 per share. he firm 018, pility, Round Less: Accumulated depreciation 500,000 348,000 Net fixed assets $1,593,819 $1,343,707 Total assets $3,125,000 $2,895,152 Liabilities and Stockholders' Equity Current liabilities Accounts payable $230,000 $400,500 Notes payable 311,000 370,000 Accruals 75,000 100,902 Total current liabilities $616,000 $871,402 Long-term debt $1,165,250 $700,000 Total liabilities $1,781,250 $1,571,402 Stockholders' equity $50,000 $50,000 Preferred stock (2,500 shares, $1.20 dividend) Common stock (100,000 shares at $4.00 par)* Paid-in capital in excess of par value 400,000 400,000 593,750 593,750 Retained earnings 300,000 280,000 Total stockholders' equity $1,343,750 $1,323,750 Total liabilities and stockholders' equity $3,125,000 $2,895,152 *The firm's 100,000 outstanding shares of common stock closed 2019 at a price of $11.38 per share. he firm 018, pility, Round Less: Accumulated depreciation 500,000 348,000 Net fixed assets $1,593,819 $1,343,707 Total assets $3,125,000 $2,895,152 Liabilities and Stockholders' Equity Current liabilities Accounts payable $230,000 $400,500 Notes payable 311,000 370,000 Accruals 75,000 100,902 Total current liabilities $616,000 $871,402 Long-term debt $1,165,250 $700,000 Total liabilities $1,781,250 $1,571,402 Stockholders' equity $50,000 $50,000 Preferred stock (2,500 shares, $1.20 dividend) Common stock (100,000 shares at $4.00 par)* Paid-in capital in excess of par value 400,000 400,000 593,750 593,750 Retained earnings 300,000 280,000 Total stockholders' equity $1,343,750 $1,323,750 Total liabilities and stockholders' equity $3,125,000 $2,895,152 *The firm's 100,000 outstanding shares of common stock closed 2019 at a price of $11.38 per share. he firm 018, pility, Round Less: Accumulated depreciation 500,000 348,000 Net fixed assets $1,593,819 $1,343,707 Total assets $3,125,000 $2,895,152 Liabilities and Stockholders' Equity Current liabilities Accounts payable $230,000 $400,500 Notes payable 311,000 370,000 Accruals 75,000 100,902 Total current liabilities $616,000 $871,402 Long-term debt $1,165,250 $700,000 Total liabilities $1,781,250 $1,571,402 Stockholders' equity $50,000 $50,000 Preferred stock (2,500 shares, $1.20 dividend) Common stock (100,000 shares at $4.00 par)* Paid-in capital in excess of par value 400,000 400,000 593,750 593,750 Retained earnings 300,000 280,000 Total stockholders' equity $1,343,750 $1,323,750 Total liabilities and stockholders' equity $3,125,000 $2,895,152 *The firm's 100,000 outstanding shares of common stock closed 2019 at a price of $11.38 per share. he firm 018, pility, Round Less: Accumulated depreciation 500,000 348,000 Net fixed assets $1,593,819 $1,343,707 Total assets $3,125,000 $2,895,152 Liabilities and Stockholders' Equity Current liabilities Accounts payable $230,000 $400,500 Notes payable 311,000 370,000 Accruals 75,000 100,902 Total current liabilities $616,000 $871,402 Long-term debt $1,165,250 $700,000 Total liabilities $1,781,250 $1,571,402 Stockholders' equity $50,000 $50,000 Preferred stock (2,500 shares, $1.20 dividend) Common stock (100,000 shares at $4.00 par)* Paid-in capital in excess of par value 400,000 400,000 593,750 593,750 Retained earnings 300,000 280,000 Total stockholders' equity $1,343,750 $1,323,750 Total liabilities and stockholders' equity $3,125,000 $2,895,152 *The firm's 100,000 outstanding shares of common stock closed 2019 at a price of $11.38 per share. he firm 018, pility, Round Less: Accumulated depreciation 500,000 348,000 Net fixed assets $1,593,819 $1,343,707 Total assets $3,125,000 $2,895,152 Liabilities and Stockholders' Equity Current liabilities Accounts payable $230,000 $400,500 Notes payable 311,000 370,000 Accruals 75,000 100,902 Total current liabilities $616,000 $871,402 Long-term debt $1,165,250 $700,000 Total liabilities $1,781,250 $1,571,402 Stockholders' equity $50,000 $50,000 Preferred stock (2,500 shares, $1.20 dividend) Common stock (100,000 shares at $4.00 par)* Paid-in capital in excess of par value 400,000 400,000 593,750 593,750 Retained earnings 300,000 280,000 Total stockholders' equity $1,343,750 $1,323,750 Total liabilities and stockholders' equity $3,125,000 $2,895,152 *The firm's 100,000 outstanding shares of common stock closed 2019 at a price of $11.38 per share. he firm 018, pility, Round