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Please answer all 3 bullets T. P. Jarmon Company Balance Sheet for 12/31/2009 and 12/31/2010 ASSETS 2010 2009 15,000 14,000 Cash Marketable securities Accounts receivable

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T. P. Jarmon Company Balance Sheet for 12/31/2009 and 12/31/2010 ASSETS 2010 2009 15,000 14,000 Cash Marketable securities Accounts receivable Inventory Prepaid rent Total current assets Net plant and equipment Total assets 6,000 42,000 51,000 6,200 33,000 84,000 $115.200 138300 $ 401,200 S 408,300 LIABILITIES AND EQUITY 2009 2010 $ 48,000 6,000 57,000 5,000 Accounts payable Accruals Notes payable Total current liabilities Long-term debt Common stockholders' equity Total liabilities and equity $160.000 $150,000 $183300 $408,300 172.200 $401,200 T. P. Jarmon Company Income Statement for the Year Ended 12/31/2010 Sales Less cost of goods sold Gross proft Operating and interest expenses $600,000 460.000 140,000 30,000 10,000 General and administrative Interest Depreciation Total operating and interest expenses Earnings before taxes Taxes Net income available to common stockholders Cash dividends Change in retained earnings 70,000 27,100 42,900 31800 .100

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