P3-12 (similar to) (Related to Checkpoint 3.2) (Review of financial statements) A scrambled list of accounts from the income statement and balance sheet of Belmond, Inc. is found here: a How much is the firm's networking capital? b. Complete an income statement and a balance sheet for Belmond c. If you were asked to respond to parts (a) and (b) as part of a training exercise, what could you tell your boss about the company's financial condition based on your answers? How much is the firm's networking capital? Data Table The firm's not working capital is $(Round to the nearest dollar.) 520 (Click on the icon in order to copy its content into a spreadshot) Inventory 5,520 Common stock 45,070 Cash 16,590 Operating expenses 1,310 Short-term notes payable 570 Interest expense 910 Depreciation expense Sales 12,770 Accounts receivable Accounts payable 4,840 Long-term debt 54,590 Cost of goods sold 5.730 Buildings and equipment 122,120 Accumulated depreciation 34,090 Taxes 1,410 General and administrative expense 340 Retained earnings 2 0580 Enter your answer in the answer box and then click Check Answer 4 containing (Related to Checkpoint 4.1) (Liquidity analysis) Airspot Motors, Inc. has $2,391,200 in current assets and $854,000 in current liabilities. The company's managers want to increase the firm's inventory, which will be financed using short-term debt. How much can the firm increase its inventory without its current ratio falling below 21 (assuming all other current assets and current liabilities romain constant)? Nirupot Motors, Inc. could add up to $ (in inventories (Round to the nearest dollar.)