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Mccloe Corporation's balance sheet and Income statement appear below Mccloe Corporation Comparative Balance Sheet Ending Beginning Balance Balance Assets Current assets: $58 48 78 184

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Mccloe Corporation's balance sheet and Income statement appear below Mccloe Corporation Comparative Balance Sheet Ending Beginning Balance Balance Assets Current assets: $58 48 78 184 535 275 260 $444 $ 43 62 62 167 520 262 258 $425 Cash and cash equivalents Accounts recelvable Inventory Total current assets Property, plant and equipment Less: accumulated depreclation Net property, plant, and equipment Total assets Liabilities and stockholders' equity Current llabilltles $71 $ 57 28 57 142 144 286 Accounts payable Accrued labilities 57 172 Income taxes payable Total current llabllitles Bonds payable Total llablitles Stockholders' equity 249 47 148 195 $444 42 97 139 $425 Common stock Retalned earnings Total stockholders' equity Total lablities and stockholders' equity

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