Partial Income Statement Year Ending 2017
Sales revenue	$350,000
Cost of goods sold	$142,000
Fixed costs	$43,000
Selling, general, and administrative expenses	$28,100
Depreciation	$45,800

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Partial Balance Sheet 12/31/2016
ASSETS		LIABILITIES
Cash	$16,200	Notes payable	$14,100
Accounts receivable	$27,900	Accounts payable	$19,100
Inventories	$48,100	Long-term debt	$190,000
Fixed assets	$368,100	OWNERS' EQUITY
Accumulated depreciation (-)	$142,000	Retained earnings
Intangible assets	$82,200	Common stock	$131,800

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Partial Balance Sheet 12/31/2017
ASSETS		LIABILITIES
Cash	$25,900	Notes payable	$12,200
Accounts receivable	$19,100	Accounts payable	$23,900
Inventories	$52,800	Long-term debt	$162,100
Fixed assets	$447,900	OWNERS' EQUITY
Accumulated depreciation (-)		Retained earnings
Intangible assets	$81,800	Common stock	$182,000

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The accumulated depreciation for

2017

is

$enter your response here.

(Round to the nearest dollar.)Part 2Complete the balance sheet for

2016:

(Round to the nearest dollar.)

Balance Sheet 12/31/2016
ASSETS			LIABILITIES
Current assets			Current liabilities
Cash		$16,200	Notes payable		$14,100
Accounts receivable		$27,900	Accounts payable		$19,100
Inventories		$48,100	Total current liabilities	$
Total current assets	$		Long-term debt		$190,000
Fixed assets		$368,100	OWNERS' EQUITY
Accumulated depreciation (-)		$142,000	Retained earnings	$
Intangible assets		$82,200	Common stock		$131,800
			TOTAL LIABILITIES AND
TOTAL ASSETS	$		OWNERS' EQUITY	$

Part 3Complete the balance sheet for

2017:

(Round to the nearest dollar.)

Balance Sheet 12/31/2017
ASSETS			LIABILITIES
Current assets			Current liabilities
Cash		$25,900	Notes payable		$12,200
Accounts receivable		$19,100	Accounts payable		$23,900
Inventories		$52,800	Total current liabilities	$
Total current assets	$		Long-term debt		$162,100
Fixed assets		$447,900	OWNERS' EQUITY
Accumulated depreciation (-)	$		Retained earnings	$
Intangible assets		$81,800	Common stock		$182,000
			TOTAL LIABILITIES AND
TOTAL ASSETS	$		OWNERS' EQUITY	$