NU{ seare l ezto-"nhecuC9tion.comu/h",.lpz?--nA318620016077488 1500525002803 Guestion 6 (of 0,00 points For Docember 31, 20X1 ne balancc shcct of Baxtar Corporation was as fclas Current Assces Cash cccunts recelvable 19000 Accounts payablc 5 21000 2400 Notes payabic 4000 onds payaalc 59 000 Prld ed Assets 12 S00 Stockholders Lquity 259 000 Prairred stock 00 Common stock Psid in Cupal 5 29000 34000 5 297 100 Gress plart and cculpment Losz Aecumulaned depeclatian 5 207 200 RHst'edtestringe 5 297,100 Ictal liabilitiss and stockholders equity Iatal asaats Sales to 20 2 were $265.000, a d the cost or goods sold was 56 percent cr saes. Sellng and aon nstrative expense was 526 500. Dep eclat on expense was 12 percent or plant and equonent arcss at Ine beg ing of the year Interest expense or the ro es payable as percent tle the inleresi ate can the Exines payable was 1 perce.hs imleres: expese is trased on Devenmber 31, auxi talanEe's hve lax e aveaged 40 percent 2,900 n preested si dvdents wee poad and $50 ndnittends wre pat t cmma sashdsThere were 0shsocman stck autstancing nurr g 21 t e cash halance and re o n e enses ha ances were unchange crorts recer an e and InventCry Increased ty n penent A new machine was pur ase dari ren ter 3 20 X2 at cnst n $44 n 2. Pregare incom tatrment for 2nx2 (Round EPS answer to 2 decimal places.) Baxter Coporation 20%2 Incorme Statermenit 255,000 or goodssold 26,500 1,000 eling andwmiisive expense ation cxpcnse Eamings beiore taxee 59,350 178,D50 2.500 Eamings avaiabe to comman stackhlder has cutctanding E O lype here to search