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Liabilities & Stockholders Equity Bonds payable doing to ings ties & Stockholders 2020 8324.000 $252.000 $74.000 $54.000 74.000 94.000 80.000 44.000 96.000 $324.000 60.000 $252.000

Liabilities & Stockholders Equity Bonds payable doing to ings ties & Stockholders 2020 8324.000 $252.000 $74.000 $54.000 74.000 94.000 80.000 44.000 96.000 $324.000 60.000 $252.000 Income Statement & Additional information: Net mome for the current year ending December 31, 2020 is $58,000 investments for cash, cost $36,000 and resulting in $6,000 gain only changes affecting retained earnings are net income and cash dividends paid rein rash Purchased new machines; repay bonds payable, and issuance common stock ember 31, 2020

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