P4.7 a - r

P4.7 You have the following information from a restaurant operation: Balance Sheets, December 31 Year 2007 Year 00 9,100 Cash 14200 Credit card receivables 4,920 6,240 5,280 Accounts receivable 6,160 Food inventory 14,600 13900 3,800 Prepaid expenses 4,500 32,000 32,000 Land 315,800 323,200 Building 66,640 73,200 Equipment 16,660 18,300 Furnishings 113,700) (124,500) Accumulated depreciation $367,200 $335,100 Total Assets P4.7 You have the following information from a restaurant operation: Balance Sheets, December 31 Year 2007 Year 00 9,100 Cash 14200 Credit card receivables 4,920 6,240 5,280 Accounts receivable 6,160 Food inventory 14,600 13900 3,800 Prepaid expenses 4,500 32,000 32,000 Land 315,800 323,200 Building 66,640 73,200 Equipment 16,660 18,300 Furnishings 113,700) (124,500) Accumulated depreciation $367,200 $335,100 Total Assets