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Ontario has provided the following year-end balances: Cash, $25,000 Patents, $8,700 Accounts receivable, $9,700 Property, plant, and equipment, $99,700 Prepaid insurance, $5,400 Accumulated depreciation, $17,000
Ontario has provided the following year-end balances:
Cash, $25,000
Patents, $8,700
Accounts receivable, $9,700
Property, plant, and equipment, $99,700
Prepaid insurance, $5,400
Accumulated depreciation, $17,000
Inventory, $32,000
Retained earnings, 15,500
Trademarks, $14,400
Accounts payable, $8,000
Goodwill, $10,000
How much are Ontario's net noncurrent assets?
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